Chris Bryant, Columnist

First Europe Gave Us Airbus, Now It's Railbus

Merkel and Macron hop aboard the Trans-Europe Express.

September 26, 2017 at 8:40 AM UTC

Chris Bryant is a Bloomberg Opinion columnist covering industrial companies in Europe. Previously, he was a reporter for the Financial Times.

1506416433_train — Raphael GAILLARDE via Getty

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First Europe gave us Airbus, now “Railbus”?

On Tuesday, Siemens AG and Alstom SA are expected to sign off on a merger of their rail equipment activities to create a new European champion, according to Bloomberg News. A deal has appeal for the German and French companies’ shareholders but governance, antitrust and cost-cutting could yet disrupt the journey.