by Josephine Cordero Sapién
02 Dec 2020
Alstom has announced that it expects the transaction for its acquisition of Bombardier Transportation to close on 29 January 2021.
Both parties have confirmed the receipt of all necessary regulatory approvals for the sale.
Alstom has released the details of its orders and sales for the first nine months of the financial year 2021/22.
Sławomir Cyza has been appointed CEO and Managing Director (MD) of Alstom in Poland, Ukraine and Baltic States.
As part of Alstom's acquisition of Bombardier Transportation, the companies agreed to divest a number of assets, including the V300 ZEFIRO.
Alstom has agreed to hand over its Reichshoffen production site and Coradia Polyvalent and TALENT3 platforms to CAF.
Alstom’s Chinese joint venture PBTS has been awarded a 27-year contract to maintain the Innovia Monorail 300 platform for Wuhu City in China.
Alstom has published its 2020-21 results and provided an update on its continuing integration of Bombardier Transportation.
On 29 January 2021 Alstom has completed the acquisition of Bombardier Transportation with a combined order backlog of 71.1 billion euros.
Alstom gives an update on its acquisition on Bombardier Transportation in its H2 2020 financial results, including a timetable of events.
Alstom has signed the sale and purchase agreement of Bombardier Transportation. The transaction is expected to close in Q1 of 2021.
Following the publication by Bombardier of its quarterly results, Alstom calls the developments at Transportation 'unexpected and negative'.
The European Commission has approved the proposed acquisition of Bombardier Transportation by Alstom, following Alstom's commitments.
Alstom plans to submit commitments to the Commission in anticipation of its planned acquisition of Bombardier Transportation early next year.
Alstom has given an update on its plans to acquire Bombardier Transportation in its 2019/20 full year results.
Following rumours, Alstom and Bombardier have now announced they have signed an MoU for Alstom's acqusition of Bombardier Transportation.
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