The railway builder French Alstom and the transport division of the German industrial Siemens signed Friday, march 23, their merger agreement, announced in September, were announced the two groups in a joint statement.
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The announcement of this merger in September had sparked a controversy in France, a part of the political class denouncing the takeover of a German jewel in the crown of French industry. The inter Alstom opposed the project, fearing plant closures and job cuts in France.