The European Commission approved, on Friday 31 July, under the EU Merger Regulation, the acquisition of the Canadian group Bombardier Transportation by the French company Alstom. This authorisation is conditional on full compliance with a commitments package offered by Alstom.
This operation should enable the French group to become the world’s number two rail operator behind the Chinese CRRC.
For Margrethe Vestager, the Commission’s Executive Vice-President responsible for Competition...