According to Reuters and other overseas media, SIEMENS (Siemens AG) and Inc. Canada (Bombardier) is part of the merger business negotiations. The two companies hope to achieve powerful combination, to jointly cope with the competition from rival Chinese zhongche.

U.S. media said the deal could be reached in the middle of the year, the value of at least 10 billion euros (about $10 billion 600 million). There are two business combinations: train manufacturing and signal control.

The insider told Reuters that the two companies intend to combined business set up a joint venture, with annual sales of $16 billion or Chinese Zhongche, reach half.

In recent years, the tide of mergers and acquisitions, the business reorganization and integration is one of them, mainly due to the global companies seeking to control costs, and the need to face increasing China competition in domestic and international market. China Zhongche is 2015 Chinese CSR and CNR merger and China.

If the news is true, it means that the French Alston (Alstom) will be forced to withdraw from the industry consolidation, the company's shares fell 2.7% on Tuesday. Over the past few years, the three companies have been a number of discussions, planning a variety of business integration. The third attempt between SIEMENS and bombardier.

"Negotiations are ongoing and considerable progress has been made," one of the sources told reuters.

After the media reported the news, SIEMENS shares rose intraday record of 129.8 euros. Bombardier shares rose 6.7% to $2.37.

Despite the positive market reaction, but the European regulators antitrust concerns remain the biggest threat to the transaction. The last time the two companies tried to merge the business collapsed because of opposition from the European antitrust authorities. In addition, with the fall of the German elections approaching, the deal could also face the obstruction of the German trade unions.