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Alstom SA (ALSO.PA)

ALSO.PA on Paris Stock Exchange

36.86EUR
15 Aug 2018
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Latest Key Developments (Source: Significant Developments)

Stake of France's Alstom in Russia's Transmashholding falls to 20 pct
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - Transmashholding::** Share of France's Alstom in Transmashholding, one of Russia's biggest makers of locomotives and rail carriages, has decreased after merger with LokoTech-Servis .** Shareholders of Transmashholding and LokoTech-Servis have merged their assets and as a result Alstom, which previously owned a 33 percent stake in Transmashholding, has received a 20 percent in new company.** The controlling shareholders of the new company are businessmen Dmitry Komissarov and Kirill Lipa.** Alstom bough a 25 percent stake in Transmashholding in 2011 for $425 million, and in 2015 acquired an additional eight percent.** "The shareholders are planning a gradual operational integration, as a result of which the merger should become the fourth largest group in the world in terms of revenue, specialised in the production and maintenance of rolling stock for rail transport".  Full Article

Alstom And Forsee Power Announce Collaboration To Supply Batteries For Aptis Electric Buses
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Alstom ::ALSTOM AND FORSEE POWER ANNOUNCE COLLABORATION TO SUPPLY BATTERIES FOR APTIS ELECTRIC BUSES.SAYS SEVEN OF ALSTOM'S SITES IN FRANCE ARE INVOLVED IN DESIGN AND MANUFACTURE OF APTIS.SELECTED THE FRENCH BATTERY MANUFACTURER FORSEE POWER TO EQUIP THE APTIS ELECTRIC BUSES.BUSES ARE SCHEDULED FOR SERIES DELIVERY FROM 2019 ONWARDS.  Full Article

Alstom wins Sydney Metro contract
Wednesday, 11 Jul 2018 

July 11 (Reuters) - Alstom SA ::* Alstom has been awarded a 15-year maintenance contract by Metro Trains Sydney for the maintenance of the 36km-long Sydney Metro Northwest railway..* No financial value given for contract in Alstom's statement.  Full Article

Alstom To Supply Integrated Metro System For Taipei Metro Line 7
Tuesday, 10 Jul 2018 

July 10 (Reuters) - ALSTOM ::REG-ALSTOM SA: ALSTOM TO SUPPLY INTEGRATED METRO SYSTEM FOR TAIPEI METRO LINE 7.THE TOTAL CONTRACT VALUE IS 378 MILLION EUROS.CO'S SHARE IS WORTH CLOSE TO EUR 220 MILLION.ALSTOM WILL SUPPLY 19 METROPOLIS TRAINS.  Full Article

Alstom Signs Agreement For Lagos Blue Line Metro In Nigeria
Wednesday, 4 Jul 2018 

July 4 (Reuters) - ALSTOM ::SA - ALSTOM SIGNS AGREEMENT FOR LAGOS BLUE LINE METRO IN NIGERIA.SIGNED A HEAD OF AGREEMENT WITH LAGOS STATE GOVERNMENT REPRESENTED BY LAGOS METROPOLITAN AREA TRANSPORT AUTHORITY (LAMATA) FOR BOTH PHASE 1 AND PHASE 2 OF LAGOS BLUE LINE METRO.AS PART OF PHASE 1, ALSTOM WILL ENSURE THE ELECTRIFICATION OF A PORTION OF LINE WITH THIRD RAIL AS WELL AS SUBSTATIONS..  Full Article

Alstom Awarded Contract By SBB For Control Systems Of Astoro Fleet
Friday, 22 Jun 2018 

June 22 (Reuters) - ALSTOM ::ALSTOM TO UPGRADE THE ON-BOARD TRAIN CONTROL SYSTEM ON HIGH-SPEED TRAINS IN SWITZERLAND.TRAIN WILL BE ABLE TO OPERATE UNDER THIS NEW ETCS BASELINE 3 SYSTEM IN FOUR COUNTRIES: SWITZERLAND, ITALY, GERMANY AND AUSTRIA.THIS CONTRACT IS WORTH AROUND EUR 16 MILLION.CONTRACT BY SBB, THE SWISS FEDERAL RAILWAYS.THIS PROJECT WILL BE LED BY ALSTOM'S SIGNALLING TEAMS BASED IN BOLOGNA AND FLORENCE IN ITALY.TRAIN WILL BE ABLE TO OPERATE UNDER THIS NEW ETCS BASELINE 3 SYSTEM IN FOUR COUNTRIES: SWITZERLAND, ITALY, GERMANY AND AUSTRIA .  Full Article

Alstom Signs Contract For 38 Citadis Trams For Frankfurt
Tuesday, 19 Jun 2018 

June 19 (Reuters) - ALSTOM ::REG-ALSTOM SA: ALSTOM RE-ENTERS THE GERMAN TRAM MARKET WITH 38 CITADIS FOR FRANKFURT.SIGNED A CONTRACT WORTH AROUND EUR 100 MILLION WITH STADTWERKE VERKEHRSGESELLSCHAFT FRANKFURT AM MAIN.CONTRACT FOR SUPPLY OF 38 CITADIS TRAMS WITH SPECIAL ADAPTATIONS FOR GERMAN MARKET.CONTRACT INCLUDES AN OPTION FOR 15 ADDITIONAL VEHICLES.FIRST TWO TRAMS WILL BE DELIVERED IN 2020 AND WILL RUN THROUGHOUT CITY'S ENTIRE TRAMWAY NETWORK.  Full Article

Siemens Says Planned Combination Of Siemens Mobility And Alstom Reaches Further Milestones
Wednesday, 30 May 2018 

May 30 (Reuters) - Siemens Ag ::PLANNED COMBINATION OF SIEMENS MOBILITY AND ALSTOM REACHES FURTHER MILESTONES.FRENCH MINISTRY FOR THE ECONOMY AND FINANCE GIVES GREEN LIGHT.FRANCE’S FINANCIAL MARKETS REGULATOR GRANTS SIEMENS EXEMPTION.  Full Article

Alstom contributed 73 mln euros to Bouygues' Q1 net profit
Wednesday, 16 May 2018 

May 16 (Reuters) - Bouygues SA ::.  Full Article

Alstom Appoints Laurent Martinez As CFO, Effective 1 July 2018
Tuesday, 15 May 2018 

May 15 (Reuters) - Alstom ::HAS APPOINTED LAURENT MARTINEZ, FORMERLY OF AIRBUS, AS CHIEF FINANCIAL OFFICER, EFFECTIVE 1 JULY 2018.MARTINEZ WILL BE A MEMBER OF EXECUTIVE COMMITTEE.  Full Article

EU mergers and takeovers (Aug 14)

BRUSSELS, Aug 14 The following are mergers under review by the European Commission and a brief guide to the EU merger process: