The EU Commission clears a merger, subject to remedies, in the market of train equipments (Wabtec / Faiveley)

Mergers: Commission approves acquisition of Faiveley by Wabtec, subject to conditions* Brussels, 4 October 2016 After an in-depth investigation under the EU Merger Regulation, the European Commission has cleared the proposed acquisition of Faiveley Transport of France by US-based Wabtec. The approval is subject to the implementation of commitments. Both companies are significant suppliers of train equipment. Commissioner Margrethe Vestager, in charge of competition policy, said: "Trains move many, many people and lots of goods in Europe every day. Today’s decision ensures that train operators will

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European Commission, The EU Commission clears a merger, subject to remedies, in the market of train equipments (Wabtec / Faiveley), 4 October 2016, e-Competitions Bulletin Transport (rail), Art. N° 81693

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