European Commission rejects Siemens-Alstom merger.(

CAF secures train maintenance contracts in Spain and Saudi Arabia 
CAF has secured four train maintenance contracts in Spain and Saudi Arabia with a combined value of more than €240m.

European Commission rejects Siemens-Alstom merger 
The European Commission (EC) has blocked the proposed merger of Siemens and Alstom mobility businesses preventing the creation of a European rail business leader.

3i Infrastructure to divest Cross London Trains stake 
Investment firm 3i Infrastructure has agreed to divest its 33.3% stake in Cross London Trains (XLT) to a consortium of Dalmore and Equitix funds for £333m.

Perpetuum secures track monitoring services contract from SAR 
Perpetuum has secured a contract from the Saudi Railway Company (SAR) to offer track condition information services for the 1250km-long rail line from Riyadh to Qurrayat.

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