ALSTOM SA: Alstom completes divestment of its Coradia Polyvalent platform, its Reichshoffen production site in France and its TALENT3 platform, currently developed in Hennigsdorf, Germany to CAF
August 01 2022 - 11:46AM
ALSTOM SA: Alstom completes divestment of its Coradia Polyvalent
platform, its Reichshoffen production site in France and its
TALENT3 platform, currently developed in Hennigsdorf, Germany to
CAF
Alstom completes divestment of its Coradia Polyvalent
platform, its Reichshoffen production site in France and its
TALENT3 platform, currently developed in Hennigsdorf, Germany to
CAF
- Closing of transaction with CAF required by the
European Commission in relation to the acquisition of Bombardier
Transportation
- Completion of the divestment commitments for the
clearance of the Alstom/Bombardier transaction by the European
Commission
1 August 2022 – Alstom announced
today that it has concluded the divestment of its Coradia
Polyvalent platform, its Reichshoffen production site in France and
its TALENT3 platform, currently developed in Hennigsdorf, Germany
to CAF. The transaction is part of Alstom’s commitments to the
European Commission in relation to Alstom’s acquisition of
Bombardier Transportation.
To ensure a seamless transition, Alstom will
honour its remaining obligations under existing orders for TALENT
3; and will operate in consortium with CAF to fulfil existing
contracts for Rolling Stock delivery from the Reichshoffen
site.
The transaction complies with all applicable
social processes and consultations with employee representative
bodies and was subject to regulatory approvals. Alstom wishes to
thank the local teams for their ongoing contributions to its
success over the last decades.
Finally, this milestone signals the completion
of the divestment commitments to the European Commission for their
clearance of the Alstom/Bombardier transaction.
Leading societies to a low carbon future, Alstom develops and
markets mobility solutions that provide sustainable foundations for
the future of transportation. From high-speed trains, metros,
monorails, trams, to turnkey systems, services, infrastructure,
signalling and digital mobility, Alstom offers its diverse
customers the broadest portfolio in the industry. 150,000 vehicles
in commercial service worldwide attest to the company’s proven
expertise in project management, innovation, design and technology.
In 2021, the company was included in the Dow Jones Sustainability
Indices, World and Europe, for the 11th consecutive time.
Headquartered in France and present in 70 countries, Alstom employs
more than 74,000 people. The Group posted revenues of €15.5 billion
for the fiscal year ending on 31 March 2022.Log onto www.alstom.com
for more information. |
|
Press :Coralie COLLET – Tél. : +33 (7) 63 63
09 62 coralie.collet@alstomgroup.com Eric PRUD’HOMME – Tel.: +49
(0) 152 545 39436
eric.prud-homme@alstomgroup.com Investor
Relations:Martin VAUJOUR – Tel.: +33 (0) 6 88 40 17
57martin.vaujour@alstomgroup.com |
- 20220725 PR_Alstom_CAF+Remedies_Closing_ENG_FINAL
Alstom (EU:ALO)
Historical Stock Chart
From Jun 2024 to Jul 2024
Alstom (EU:ALO)
Historical Stock Chart
From Jul 2023 to Jul 2024