PARIS (Reuters) - French Finance Minister Bruno Le Maire said that there were no grounds for the European Commission to veto the proposed merger of Alstom's (PA:ALSO) and Siemens' (DE:SIEGn) rail activities, confirming the firms had made new concessions on the deal terms.
" Alstom and Siemens have just made fresh concessions to the European Commission," Le Maire told France Inter radio.
"There is no remaining justification for a refusal by the European Commission of the merger."
A source familiar with the matter said on Friday that the companies had added concessions to allay EU antitrust concerns.