ALSTOM SA : Siemens Alstom update
28 Janvier 2019 - 07:45AM
Siemens
Alstom update
28 January
2019 - Since the first remedy proposal made on December 12,
2018 to the European Commission, Siemens and Alstom have continued
the dialogue with the Commission and have decided to further modify
the remedies so as to answer the concerns raised by the feedback
from the market testing. This package preserves the industrial and
economic value of the deal - the order of magnitude of concerned
sales communicated previously (i.e., around four percent of the
sales of the combined entity) remaining unchanged.
There is, however, still no certainty that the content of this
package will be sufficient to alleviate the concerns of the
Commission. A decision by the Commission is expected by February
18, 2019.
About
Alstom
As a promoter of sustainable mobility, Alstom
develops and markets systems, equipment and services for the
transport sector. Alstom offers a complete range of solutions (from
high-speed trains to metros, tramways and e-buses), passenger
solutions, customised services (maintenance, modernisation),
infrastructure, signalling and digital mobility solutions. Alstom
is a world leader in integrated transport systems. The company
recorded sales of €7.3 billion and booked €7.2 billion of orders in
the 2017/18 fiscal year. Headquartered in France, Alstom is present
in over 60 countries and employs 34,500 people.
www.alstom.com
Press
contacts
Justine Rohée - Tel. + 33 1 57 06 18 81
justine.rohee@alstomgroup.com
Samuel Miller - Tel. + 33 1 57 06 67
74
samuel.miller@alstomgroup.com
Investor Relations
contacts
Julie Morel - Tel.+33 6 67 61 88 58
julie.morel@alstomgroup.com
Julien Minot - Tel.: + 33 1 57 06 64
84
julien.minot@alstomgroup.com
PR_Siemens Alstom Update_28 January
2019_EN
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Corporation clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: ALSTOM SA via Globenewswire
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