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4-Traders Homepage  >  Equities  >  Xetra  >  Siemens    SIE   DE0007236101

SIEMENS (SIE)
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OFFRE ETE Zonebourse : Jusqu'à 6 mois offerts sur tous les portefeuilles

Siemens : Alstom Rail Merger Could Be Delayed Until First Half of 2019

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06/08/2018 | 06:19pm CEST

By Euan Conley

Alstom said Friday that its merger with the mobility division of German industrial company Siemens could be delayed until the first half of 2019.

"Due to extended pre-filing preparations and data gathering efforts in multiple countries, a resulting delay of a few months leading to a closing date during first half of calendar year 2019 cannot be excluded," the French train maker said in a statement.

Alstom outlined the possible delay as it said it has filed a joint application with Siemens for merger-control clearance with the European Commission. The companies agreed to the merger in September 2017.

Write to Euan Conley at [email protected]

Stocks mentioned in the article
ChangeLast1st jan.
ALSTOM -1.12% 39.66 Real-time Quote.15.85%
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Financials (€)
Sales 2018 83 533 M
EBIT 2018 7 426 M
Net income 2018 6 016 M
Debt 2018 17 056 M
Yield 2018 3,20%
P/E ratio 2018 16,50
P/E ratio 2019 15,78
EV / Sales 2018 1,42x
EV / Sales 2019 1,34x
Capitalization 102 B
Chart SIEMENS
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Siemens Technical Analysis Chart | SIE | DE0007236101 | 4-Traders
Technical analysis trends SIEMENS
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Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 132 €
Spread / Average Target 10%
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Managers
NameTitle
Josef Kaeser President & Chief Executive Officer
Jim Hagemann Snabe Chairman-Supervisory Board
Ralf Peter Thomas Chief Financial Officer
Roland Emil Busch Chief Technology Officer
Helmuth Ludwig Chief Information Officer
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