PARIS (Reuters) - French rail transport equipment company Alstom confirmed on Friday that it was in discussions with German engineering group Siemens over a possible tie-up with Siemens mobility division.
"No final decision has been made, discussions are on-going and no agreement has been reached," Alstom said in a statement after Le Monde newspaper reported advanced talks were under way.
The French government said earlier on Friday that it had nothing against a potential merger between the two companies if the deal does not lead to job cuts.
(Reporting by Bate Felix; Editing by Leigh Thomas)
Disclaimer: No Business Standard Journalist was involved in creation of this content
