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Alstom SA To Complete Acquisition Of 25% Stake In Transmashkholding ZAO-RIA VESTI


Monday, 17 Sep 2012 08:00pm EDT 

RIA VESTI reported that Alstom SA is to complete the acquisition of a 25% stake in Transmashkholding ZAO on October 1, 2012. Alstom SA became the owner of the Company's stake and paid for it the first tranche of USD 75 million at the end of May 2011. The total price of the transaction must be calculated according to the agreed formula of both, Russian and French sides, taking into account the fiscal year 2008-2011 results of Transmashkholding ZAO. 

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25 Jul 2014