Alstom SA (ALSO.PA)
Tue, Dec 5 2017
PARIS, Dec 5 U.S. firm General Electric will cut 4,500 jobs across Europe after reviewing assets it purchased from France's Alstom in 2015, French newspaper Les Echos said on Tuesday.
BRUSSELS, Nov 23 The following are mergers under review by the European Commission and a brief guide to the EU merger process:
PARIS, Nov 14 French manufacturing group Alstom , which has agreed to merge its rail operations with Germany's Siemens, reported a surge in first-half net profit and kept its 2020 financial targets.
LONDON, Nov 2 France's Alstom and Germany's Siemens are among the firms shortlisted to make trains to run on Britain's new High Speed 2 network, the railway's developer said on Thursday.
* France will not exercise an option to buy out a 20 percent stake in Alstom lent to it by conglomerate Bouygues and has given those shares back to Bouygues, as part of a deal from last month's tie-up between Siemens and Alstom.
PARIS, Oct 4 The merged Siemens-Alstom rail company will eventually absorb Canadian rival Bombardier and a Spanish competitor in the face of emerging Chinese giants, French Finance Minister Bruno Le Maire said on Wednesday.
* Core telecoms, media, construction businesses promising - CFO
PARIS France will make sure Siemens sticks to its commitment to preserve jobs following its rail business merger with Alstom , the French finance minister said as the government seeks to reassure worried workers.
PARIS/FRANKFURT Investors welcomed a merger of the rail businesses of Germany's Siemens and France's Alstom , billed as creating a European champion, but French unions and politicians said France was giving Germany control and risking jobs.
FRANKFURT Siemens and Alstom have agreed to merge their rail businesses, creating a bigger second player to China's CRRC , with sales of 15.3 billion euros ($18 billion).
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