Alstom to Submit Commitments to Full Acquisition of Bombardier Transportation – Rail

0
30

Following the notification of the transaction to the European Fee on June 11, Alstom has taken an extra step towards closing of its deliberate acquisition of Bombardier Transportation.

After preliminary discussions with the European Fee, Alstom introduced its intent, in coordination with Bombardier Transportation and the Caisse de depot et placement du Québec (CDPQ), to submit commitments to reply to the Fee’s potential issues.

The proposed commitments embrace:

A switch of Bombardier Transportation’s contribution to the V300 ZEFIRO very high-speed practice.The divestment of the Alstom Coradia Polyvalent and the Reichshoffen manufacturing web site in France.The divestment of the Bombardier TALENT three platform and devoted manufacturing services positioned throughout the Hennigsdorf web site in Germany.Offering entry to sure interfaces and merchandise for a few of Bombardier Transportation’s Signaling On-Board Models and Train Management Administration Techniques (TCMS).

The contemplated commitments are topic to the European Fee’s approval. The divestitures will adjust to all relevant social processes and consultations with worker representatives’ our bodies.

Closing of the acquisition of Bombardier Transportation stays on observe for the primary half of 2021.

READ  BART cabinets pricey plan for barrier to maintain individuals off tracks

LEAVE A REPLY

Please enter your comment!
Please enter your name here