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 and Bombardier have announced the expected closing date for Alstom's acquisition of Bombardier Transportation.
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'.