France cheers Alstom deal; taxpayers pick up the bill: details of bailout show Paris to inject euro 2.2 billion, state will hold 31.5% stake

Article Abstract:

The European Commission greenlighted a government bailout of train, ship, and turbine manufacturer Alstom S.A. which totaled euro 4 billion, with France's share totaling euro 2.2 billion. French officials have lauded the deal, which preserves the company intact and keeps it under French management.

Management dynamics, Management, Company business management

---

Firms ride high on China's huge rail upgrade

Article Abstract:

China is investing a lot of money in modernizing its railway system, viewing this as an essential economic investment. In order to complete the work on time, contracts will be divided among several railroad equipment manufacturers, one of which is Canada's Bombardier Inc.

China, Railroad Rolling Stock Manufacturing, Government domestic functions, Contracts & orders received, Railroad equipment, Contracts & orders let, Rail & Transit Cars NEC & Parts, Canada, Economic aspects, Railroad equipment industry, Contracts, Transportation policy, Contract agreement, Bombardier Inc.

---

France continues talks with EU on Alstom aid

Article Abstract:

The government of France is conducting intense talks with the European Union over the planned of Alstom S.A. The bailout is valued at 7 billion euros.

European Union

Similar abstracts:

• Abstracts: Carrefour Korea weighs the sale of some outlets. Carrefour Korea is hit with $1.5 million fine. Kia Motors' profit rises 17%, aided by SUV sales in Europe
• Abstracts: Renault's sales outperform rise in French market. Renault's first-half sales fell 3.8%. Renault SA
• Abstracts: Solid foundation braces Spain. National interests sink Iberia bid: TPG, BA shut out as Spanish bank plans to buy stakes
• Abstracts: France studies steps to fix Airbus problems. France's Total bids $1.12 billion for Canadian firm Deer Creek. Air France, KLM plan linkup
• Abstracts: Shell ex-official defends his role in reserves flap. Shell's auditor had outside support. BP to pay $2.5 million to settle improper trading allegations

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.