ALSTOM SA: Alstom announces intention to submit commitments to the European Commission as part of its planned acquisition of ...
09 July 2020 - 4:32PM
ALSTOM SA: Alstom announces intention to submit commitments to the
European Commission as part of its planned acquisition of
Bombardier Transportation
Alstom announces intention to submit
commitments to the European Commission as part of its planned
acquisition of Bombardier Transportation
9 July 2020 –
Following the notification of the transaction to the European
Commission on 11 June 2020, Alstom has taken a further step towards
closing of its planned acquisition of Bombardier
Transportation.
After initial discussions with the European
Commission, Alstom today announces its intent, in coordination with
Bombardier Transportation and the Caisse de depot et placement du
Québec (CDPQ), to submit commitments to respond to the Commission's
potential concerns.
The proposed commitments include:
- A transfer of Bombardier Transportation’s contribution to the
V300 ZEFIRO very high-speed train
- The divestment of the Alstom Coradia Polyvalent and the
Reichshoffen production site in France
- The divestment of the Bombardier TALENT 3 platform and
dedicated production facilities located within the Hennigsdorf site
in Germany
- Providing access to certain interfaces and products for some of
Bombardier Transportation’s Signalling On-Board Units and Train
Control Management Systems (TCMS)
The contemplated commitments are subject to the
European Commission’s approval. The divestitures will comply with
all applicable social processes and consultations with employee
representatives' bodies.
Closing of the acquisition of Bombardier
Transportation remains on track for the first half of 2021.
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About Alstom |
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Leading the way to greener and smarter mobility worldwide, Alstom
develops and markets integrated systems that provide the
sustainable foundations for the future of transportation. Alstom
offers a complete range of equipment and services, from high-speed
trains, metros, trams and e-buses to integrated systems, customised
services, infrastructure, signalling and digital mobility
solutions. Alstom recorded sales of €8.2 billion and booked orders
of €9.9 billion in the 2019/20 fiscal year. Headquartered in
France, Alstom is present in over 60 countries and employs 38,900
people. |
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Contacts |
Press: Samuel MILLER - Tel.: +33 (1) 57 06 67
74Samuel.miller@alstomgroup.com Coralie COLLET - Tel.: +33 (1) 57
06 18 81coralie.collet@alstomgroup.com Investor
relations:Julie MOREL - Tel.: +33 (6) 67 61 88
58Julie.morel@alstomgroup.comClaire LEPELLETIER – Tel.: +33
(6) 76 64 33 06claire.lepelletier@alstomgroup.com |
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- Press Release Remedies_Commitments_9thJULY2020_FINAL_EN
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