Bombardier signed a definitive sale and purchase agreement with Alstom and the Caisse de dépôt et placement du Québec for the sale of its transportation business to Alstom. read more
SEP 18, 2020 - 7:20 am
Bombardier made the strategic decision to focus exclusively on business aviation and plans to accelerate its deleveraging through the sale of its rail business. read more
FEB 18, 2020 - 6:45 am
According to Bloomberg, Nestor Cervero, a former Petrobras executive told investigators that Alstom and GE won contracts by paying bribes more than 10 years ago. read more
JUN 8, 2016 - 7:36 am
GE completed the acquisition of Alstom’s power and grid businesses, its largest-ever industrial acquisition. read more
NOV 3, 2015 - 6:39 am
Bloomberg reported that General Electric will close the $9.3 billion acquisition of Alstom’s energy operations next week, setting November 2 as the target date. read more
OCT 30, 2015 - 7:45 am
The European Commission approved the acquisition of Alstom’s energy businesses by General Electric subject to divestment of central parts of Alstom’s heavy duty gas turbines business to Ansaldo. read more
SEP 9, 2015 - 6:32 am
According to the Wall Street Journal, the European Union will approve GE’s $17 billion acquisition of Alstom SA’s power business. read more
SEP 8, 2015 - 7:19 am
Terry Mulreany
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