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EU: Mergers To Create Megacompanies Will Have To Wait

Feb 6, 2019 | 20:56 GMT

France and Germany's push to create large European companies that can go toe-to-toe with global competitors has hit a wall. On Feb. 6, EU Competition Commissioner Margrethe Vestager said that Brussels would block a planned French-German merger between rail companies Alstom and Siemens, arguing that the plan is incompatible with...

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