#Siemens and #Alstom rail train units merge as corporations prepare for trade war - World Socialist Web Site
▻https://www.wsws.org/en/articles/2017/10/06/merg-o06.html
On September 26, the supervisory boards of the German company Siemens and the French Alstom Group unanimously approved a deal to merge the rail train units of both companies by the end of 2018 in a “merger of equals.” With 62,000 employees and an annual turnover of around 15 billion euros, the new corporation will be the world’s second-largest railway technology company.