Tag: Alstom

Alstom reduces offer price by $350 million for Bombardier’s rail unit

NEW DELHI :French transport infrastructure company Alstom has lowered its offer price to acquire Canadian Bombardier Inc’s rail business by $350 million, the companies said on Wednesday. Under the revised terms, the deal gives Bombardier’s rail unit an enterprise value of $8.4 billion, which would allow the Canadian firm to pay down some of its […]

Alstom bags Rs 700 crore contracts from Mumbai, Pune metros

MUMBAI: Rail transportation major Alstom has bagged Rs 700 crore contracts to the Mumbai and Pune metros, under which it will supply communication-based train control technology to three upcoming lines in the megapolis and two upcoming lines in second largest city in the state. The Rs 700-crore contracts include equipping the Mumbai metro lines 2A […]

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