Siemens-Alstom rail merger is poised to be barred by EU

Brussels. The European Commission is expected to block a plan by Siemens AG and Alstom SA to merge their rail units, over concerns that the deal between two rivals would stifle competition in the region’s train-equipment market, according to people familiar with the matter. Proposed concessions aimed at allaying EU objections — plus a last-minute […]