Alstom Power
Alstom starts manufacture of train sets for Mumbai Metro
11 Dec 2019
A total of 31 metro train sets comprising of 248 cars will be manufactured at the company’s state-of-the-art plant at SriCity, in Andhra Pradesh
Siemens-Alstom deal to create European rail behemoth
27 Sep 2017
The combined entity hopes to withstand the challenge posed by China’s CRRC, which has annual revenues of about $35 billion and is bigger than Siemens-Alstom and Bombardier Transportation combined
Bombardier, Alstom team up for $3.6-deal with Belgian rail for coaches
19 Dec 2015
Montreal-based Bombardier’s share of the contract is valued at $2.3-billion, while the French manufacturer will supply equipment worth about $1.3 billion
EU approves GE's acquisition of Alstom’s power business
09 Sep 2015
GE will divest some of Alstom's turbine assets to Italian rival Ansaldo Energia in exchange or European regulatory approval
Alstom to hire up to 1,000 engineers in India in 3-4 years
15 Jun 2015
Alstom says it is looking at increasing the skilled workforce in India to strengthen manufacturing and R&D capabilities, as a part of its ‘Make In India’ initiative
GE to meet EC objections over proposed Alstom SA takeover
02 May 2015
The European Commission last month announced an extension of its investigation over concerns the takeover would see an increase in gas turbine prices
Alstom to pay record $772 mn to settle US bribery charges
23 Dec 2014
According to the US Department of Justice, Alstom has paid a total of more than $75 million to secure $4 billion in projects around the world, and profited around $300 million
Alstom nears $700 mn deal to settle US corruption charges
17 Dec 2014
Alstom’s US subsidiary in Connecticut along with its Japanese joint venture partner Marubeni are alleged to have paid millions of dollars in bribes to an Indonesian parliament member and other officials in order to secure a $118-million contract
French government approves $15.6 bn GE-Alstom power business deal
05 Nov 2014
The French government would, however, take around 20 per cent Alstom stake from shareholder French conglomerate Bouygues SA after the closing of the GE-Alstom deal
Alstom paid bribes to win Delhi Metro contract, finds UK probe
11 Sep 2014
Legal filings published after the first London court hearing on Tuesday stated that the Alstom unit had disguised corrupt payments as consultancy agreements
GE offers to buy shares in two of Alstom's Indian subsidiaries for Rs2,336 crore
05 May 2014
GE, which aims to generate 70 per cent of its earnings from industrial businesses, will proceed with the tender offers only if its bid for Alstom's energy arm is successful
Siemens to table offer for Alstom if given four weeks to conduct due diligence
30 Apr 2014
On Sunday, Siemens barged into Alstom's late-stage talks to sell its energy assets to General Electric Co (GE) by proposing an asset swap deal worth $14.5 billion
Siemens barges into Alstom - GE deal with asset-swap offer
By By Ravi Kunder | 28 Apr 2014
Siemens proposes to give some of its high-speed train and locomotive businesses plus cash to Alstom in exchange for its power business, which GE was close to buying for $13 billion. By Ravi Kunder
GE in talks to buy Alstom SA for $13 bn
24 Apr 2014
General Electric Co (GE) is in talks to buy French power equipment and rail infrastructure giant Alstom SA for about $13 billion
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