Siemens CEO Calls Alstom Deal 'Best Industrial Logic'

The transcript discusses the political climate in Europe that facilitated a significant deal. The speaker expresses excitement about the deal, emphasizing its benefits for companies, customers, shareholders, and employees. Commitments have been made to the French government to preserve jobs and sites, with similar assurances in Germany. The deal aims to create value for stakeholders and provide more opportunities, ensuring no site closures for four years.

What are the key factors that contributed to the successful deal in Europe?

How does the speaker feel about the deal and its implications for stakeholders?

What commitments were made to the French Government regarding job preservation?

What is the significance of maintaining job security during the transition period?

In what ways will the transaction reinforce both companies involved?