Bombardier, Siemens rail merger de-railed by control issues - sources

FRANKFURT/MONTREAL (Reuters) - Canada's Bombardier Inc missed out on a merger of its rail unit with Germany's Siemens because of a reluctance by Siemens to cede control of its business, allowing France's Alstom to clinch a deal with the German firm, with help from new French president Macron, three sources close to the negotiations told Reuters.

from Reuters: Top News http://uk.reuters.com/article/uk-bombardier-siemens/bombardier-siemens-rail-merger-de-railed-by-control-issues-sources-idUKKCN1C339O?feedType=RSS&feedName=topNews