Update: Market Chatter: Siemens Reportedly in Talks to Potentially Purchase Italy's Mer Mec
Idag, 13:46
07:46 AM EDT, 05/12/2026 (MT Newswires) -- (Updates to add Siemens'statement)
German technology group Siemens (SIE.F) reportedly engaged advisers as it explores the potential acquisition of Italian railway technology and equipment company Mer Mec.
The potential deal could value the Angel Holding unit at over 1 billion euros, Bloomberg News reported Tuesday, citing people with knowledge of the matter. However, talks are still ongoing, and there is no assurance that a deal will be finalized, the sources added.
Siemens declined to comment when reached by MT Newswires, while Mer Mec did not immediately respond to a request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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Update: Market Chatter: Siemens Reportedly in Talks to Potentially Purchase Italy's Mer Mec
Idag, 13:46
07:46 AM EDT, 05/12/2026 (MT Newswires) -- (Updates to add Siemens'statement)
German technology group Siemens (SIE.F) reportedly engaged advisers as it explores the potential acquisition of Italian railway technology and equipment company Mer Mec.
The potential deal could value the Angel Holding unit at over 1 billion euros, Bloomberg News reported Tuesday, citing people with knowledge of the matter. However, talks are still ongoing, and there is no assurance that a deal will be finalized, the sources added.
Siemens declined to comment when reached by MT Newswires, while Mer Mec did not immediately respond to a request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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