Alstom Power
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