The deal will be Alstom’s second attempt to create a European rail company that can compete with the likes of China Railway Rolling Stock Corporation (CRRC), the world’s largest supplier of ...

The takeover would help Alstom compete more effectively with Chinese rail giant CRRC Corp Ltd 601766.SS, after European regulators last year blocked Alstom from merging with Germany's Siemens ...

China's CRRC, with annual revenue of about $35 billion, is bigger than Siemens Mobility, the rail and infrastructure division of the German conglomerate, Alstom and Bombardier Transportation combined.

French high-speed train manufacturer Alstom (ALSMY) is merging with the ... 2015 by merging two big companies into state-backed giant CRRC, which describes itself as "the world's largest supplier ...

Siemens and Alstom announced a merger of their train manufacturing operations on Tuesday, leaving Bombardier competing in a market dominated by China's state-owned CRRC Corp , the world's largest ...

plant for final assembly. CRRC bid $34 million below second-place Bombardier Transportation (now Alstom) and $47 million below Hyundai Rotem. The SEPTA contract was CRRC’s first U.S. order for ...

EU competition commissioner, Margrethe Vestager, has also rejected arguments from Siemens and Alstom that the merger is necessary to fend off competition from CRRC. Alstom, which published third ...

BRUSSELS (Reuters) - EU regulators reviewing a plan by Siemens and Alstom to merge their rail operations will take into account competitive pressure from Chinese rival CRRC, Europe's antitrust ...

EU competition commissioner, Margrethe Vestager, has also rejected arguments from Siemens and Alstom that the merger is necessary to fend off competition from CRRC. Alstom, which published third ...