|Bid||116.50 x 44200|
|Ask||116.60 x 100000|
|Day's range||116.15 - 116.60|
|52-week range||99.38 - 133.50|
|PE ratio (TTM)||16.24|
|Earnings date||9 Nov 2017|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|
German industrial giant Siemens and French train-maker Alstom are in talks to create a European rail transportation powerhouse to better rival strong competition from China.
PARIS/MUNICH, Sept 22 (Reuters) - French train maker Alstom and German engineering group Siemens said on Friday they were in talks about a tie-up of their rail activities as European companies struggle to cope with competition from China. A deal between Siemens and Alstom would mark the first industrial Franco-German alliance under President Emmanuel Macron as he pushes for greater European economic integration.
Alstom SA said it’s in talks with Germany’s Siemens AG about a possible combination of their rail businesses, a tie-up that would bring together two former European arch-rivals and leave Canada’s Bombardier ...