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Deals Rumor Mill: Siemens, Dyal Capital, L'Oreal

By Benjamin Horney (April 11, 2017, 5:56 PM EDT) -- Siemens AG and Bombardier Inc. have held discussions concerning a potential merger of their rail operations, Bloomberg reported on Tuesday. According to the report, the two are in talks to form a joint venture that would be worth at least €10 billion ($10.6 billion), and an agreement could be reached by the middle of this year. Any deal would need to be approved by antitrust authorities, the report noted, and the companies' goal could be to better compete with China's CRRC Corp....

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