Tag: Alstom
Alstom Completes €5.5B Bombardier Takeover
French train maker Alstom announced on Friday, January 29, it had completed its previously announced purchase of Bombardier rail business, an acquisition that should...
EU To Clear Alstom, Bombardier Deal With Conditions
EU antitrust regulators are set to approve Alstom’s Bombardier rail business after the French TGV high-speed train maker tweaked concessions aimed at allaying competition...
EU Sets New Deadline For Decision on Alstom’s Proposed Takeover Of...
EU regulators have set a new deadline for a decision on whether to give the green light to plans by French train-maker Alstom to...
Alstom To Sell Assets To Win EU OK For Bombardier Deal
French TGV high-speed train maker Alstom is prepared to sell assets to secure early EU antitrust approval for its bid for Bombardier's rail division,...
Bombardier CEO In Talks With Alstom Over Remedies For Rail Deal
Bombardier’s chief executive said on Thursday, June 18, the Canadian company has held “well-advanced” talks with Alstom over remedies as it pursues regulatory approval...
Alstom To Stick To Terms Of Rail Deal With Bombardier
Alstom plans to stick to the terms of its previously-agreed rail deal with Bombardier, Chairman and Chief Executive Henri Poupart-Lafarge said on a conference...
Bombardier, Alstom, Hitachi to create rail behemoth?
Bombardier has approached France’s Alstom and Japan’s Hitachi to find a merger partner for its rail business as it struggles to contain costs that...
EU: Siemen-Alstom merger blocked by EU
The European Commission has blocked the proposed merger of Siemens Mobility and Alstom, saying the companies had not offered sufficient remedies to address its...
EU: Le Maire wants an antitrust overhaul
According to a report from Bloomberg, the French government is calling for changes to the EU’s antitrust laws. “I’m realistic on what the commission’s...
EU: Alstom, Siemens merger concessions may not save rail deal
Efforts by Alstom and Siemens to create a European rail champion could yet hit the buffers despite their latest concessions to try to address...