Alstom wants to put all the chances on its side to be authorized to join the transport branch of the Canadian Bombardier. To this end, the manufacturer of the TGV announced, on July 9, a series of concessions in order to respond to the "concerns expressed" by the services of Margrethe Vestager, the European Commissioner in charge of Competition, who has been examining the file for six months .
Read also: Alstom-Bombardier, the challenges of the new group
The stakes are high. Henri Poupart-Lafarge, CEO of Alstom, aims, by taking over Bombardier Transportation for some 6 billion euros, to give birth to the world number two in railway construction, with 15 billion in turnover and 76,000 employees. A giant with Franco-German roots, since Bombardier Transportation was born from the 2001 acquisition of Adtranz, a railway subsidiary of Daimler. It has its headquarters in Berlin and employs 6,500 employees and 1,100 temporary workers across the Rhine. This new giant would be armed to face the Chinese steamroller CRRC (26 billion sales), born
This article is for subscribers only. You still have 72% to discover.
Subscribe: € 1 for 2 months
Cancelable at any time
Enter your emailAlready subscribed? Log in