Bombardier Siemens rail Merger ?

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Bombardier Siemens rail Merger ?

Postby DutchRailnut » Wed Apr 12, 2017 2:03 pm ... operations

Siemens, Bombardier said in talks to combine train units reports: "Siemens AG and Bombardier Inc. are in talks to combine their train operations, people familiar with the matter said, potentially creating a business that could better withstand rising competition from China.

The proposed joint venture, which could be worth at least 10 billion euros ($10.6 billion), would merge the firms’ train-making and signaling activities, said the people, asking not to be identified because the discussions are private. A deal could come by the middle of the year, one of the people said.

No final decisions have been made and any combination would require clearance from antitrust authorities and face potential opposition from unions, they said. Representatives for Siemens and Bombardier declined to comment."
If Conductors are in charge, why are they promoted to be Engineer???

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Re: Bombardier Siemens rail Merger ?

Postby JayBee » Thu Apr 13, 2017 7:32 pm

The European Union will never approve of the merger.
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Re: Bombardier Siemens rail Merger ?

Postby Backshophoss » Thu Apr 13, 2017 8:25 pm

It's a sneaky way to get back into good graces with Amtrak. :wink:
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