February 6, 2019 / 11:53 AM / 3 months ago

Bouygues confident about Alstom prospects despite EU ruling

PARIS, Feb 6 (Reuters) - French conglomerate Bouygues , which has a 28 percent stake in Alstom, said it regretted the European Union’s decision to veto a merger between Alstom and Siemens but added it was confident over Alstom’s prospects.

“Whatever happens, Alstom will continue to develop on its own path,” Bouygues said in a statement.

“As the key shareholder, Bouygues backs Alstom’s strategy and is confident about its future,” added Bouygues. (Reporting by Sudip Kar-Gupta; editing by Jason Neely)

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