Re: Siemens-Alstom merger torpedoed by Brussels
Author: Max Wyss
Date: 02-07-2019 - 16:18
For merger approval offices, shareholders do not matter. Shareholder welfare is part of the merger agreement, and if the public finances are not involved, more or less anything can be agreed upon.
What matters for those offices is whether there are risks for dominant monopolies, affecting services and prices for the customers.
Obviously, the Alstom-GE deal did not involve such risks, or appropriate means were there.