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Alstom to sign train deal with France's SNCF

Mon Oct 26, 2009 1:13pm EDT

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PARIS, Oct 26 (Reuters) - Alstom (ALSO.PA) is set to sign on Tuesday a firm contract for French rail operator SNCF to buy 100 trains, in a deal that could eventually lead to the purchase of up to 1,000 regional trains, an SNCF spokesman said.

France  |  Industrials

Alstom's Transport President Philippe Mellier told Reuters in July that the company was in exclusive talks with SNCF on a deal for up to 1,000 regional trains. [ID:nWEA9612]

SNCF president Guillaume Pepy and Alstom's chief executive Patrick Kron will sign the deal tomorrow at 1530 GMT.

A source close to the deal said the firm order for 100 trains was worth just under 1 billion euros ($1.5 billion), a figure that neither Alstom nor SNCF would comment on. (Reporting by Benjamin Mallet; Writing by Helen Massy-Beresford)

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