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Alstom SA (ALSO.PA)

ALSO.PA on Paris Stock Exchange

39.00EUR
16 Nov 2018
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Latest Key Developments (Source: Significant Developments)

Siemens relaxed about EU inquiry into rail merger
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Siemens AG ::SIEMENS CEO SAYS COMPANY IS READY TO MAKE CONCESSIONS IN RAIL MERGER WITH ALSTOM, PREPARED TO SELL BUSINESSES IN CERTAIN REGIONS TO GET APPROVAL.SIEMENS CEO SAYS IS RELAXED ABOUT EU EXAMINATION OF RAIL MERGER WITH ALSTOM; BECAUSE WE HAVE OTHER OPTIONS.  Full Article

Siemens Says Confident That Can Conclude Planned Rail Merger With Alstom In 2019
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Siemens ::SAYS ON PLANNED RAIL MERGER WITH ALSTOM - WE ARE STILL CONFIDENT TO BE ABLE TO CONCLUDE THIS TRANSACTION IN THE FIRST HALF OF 2019.  Full Article

Alstom Completes Transfer Of Interests In Three Energy Joint Ventures
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - Alstom ::ALSTOM COMPLETES TRANSFER OF INTERESTS IN THREE ENERGY JOINT VENTURES TO GENERAL ELECTRIC.ALSTOM SAYS IT HAS RECEIVED A TOTAL CASH PAYMENT OF 2.594 BILLION EUROS.ALSTOM SAYS THE PROCEEDS WILL BE USED TO SUPPORT THE COMPANY'S STRATEGY DEVELOPMENT.ALSTOM SAYS PART OF THE PROCEEDS WILL BE USED TO PAY OUT AN EXTRAORDINARY DISTRIBUTION OF UP TO 4 EUROS PER SHARE.  Full Article

Alstom To Supply Trains For Lines 15, 16 And 17 Of The Grand Paris Express
Thursday, 20 Sep 2018 

Sept 20 (Reuters) - ALSTOM ::REG-ALSTOM SA: SOCIÉTÉ DU GRAND PARIS, IN AGREEMENT WITH ÎLE-DE-FRANCE MOBILITÉS, SELECTS ALSTOM TO SUPPLY TRAINS FOR LINES 15, 16 AND 17 OF THE GRAND PARIS EXPRESS.CONTRACT, WHICH IS FULLY FINANCED BY ÎLE-DE-FRANCE MOBILITÉS, IS WORTH A TOTAL AMOUNT OF UP TO 1.3 BILLION EUROS.CONTRACT COVERS DEVELOPMENT AND SUPPLY OF A MAXIMUM OF 1,000 CARS (183 TRAINS).FIRST TRAINS WILL LEAVE FACTORY FROM 2022 ONWARDS AND INITIAL ENTRY INTO COMMERCIAL SERVICE IS SCHEDULED FOR 2024..  Full Article

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

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Siemens, Alstom not seeking hearing to win EU nod for rail merger

ZURICH Siemens and Alstom said on Friday they will not seek a hearing in front of European Union regulators to address antitrust concerns about their planned rail merger.