Hints and tips:
Related Special Reports
...“Going forward, a stronger combined Alstom and Bombardier entity will emerge....
...It did not work, nor did the intervention hours later by Quebec economy minister Pierre Fitzgibbon, who reminded Mr Le Maire in a call that French rail company Alstom had bought Canada’s Bombardier last...
...As a presidential adviser, then economy minister and now head of state, Macron supported the sale of French companies to foreigners, such as Alstom’s power business to GE....
...That compares with just over 18 times for Alstom, a business of comparable scale and — until recently — lower profit margins....
...The EU competition commissioner, who fined the US internet search company €8bn for abuse of market dominance and frustrated Paris and Berlin by blocking the railway merger of Alstom and Siemens, said in...
...Alstom’s shares climbed 3.5 per cent in Paris on Monday....
...into the high stakes world of passenger jets left it with crippling debt and forced a fire sale of assets that this week culminated in the decision to sell its $8bn-a-year train manufacturing business to Alstom...
...Days later the company said it would also exit the rail transportation business, selling the division to France’s Alstom, with $4.5bn going to Bombardier....
...(FT) News round-up Buyout group Melrose considers sale of chunk of Nortek (FT) Bombardier in talks to combine rail unit with Alstom (BBG) Carlos Ghosn: I am a victim of double standards and disinformation...
...Brussels blocked the rail merger between Siemens and Alstom while UK regulators crushed the hopes of Mike Coupe, J Sainsbury chief executive, for a deal with Asda....
...(NY Mag) Europe’s dead deals There’s the failed merger of Siemens and Alstom, Asda and Sainsbury’s, Commerzbank and Deutsche Bank and, of course, Renault and Fiat Chrysler....
...General Electric’s disastrous acquisition of Alstom’s power business in 2015 claimed the head of Jeff Immelt, the chief executive whose idea it was, and the damage lingers....
...He made clear on Wednesday that he believed the conglomerate structure should be a thing of the past — music to the ears of investors who are pushing for break-ups of Germany Inc, including Thyssenkrupp,...
...(FT) Goodwill hunting A look at how General Electric avoided writing down losses on its Alstom deal earlier on by boosting goodwill on its balance sheet....
...France-KLM stake to ‘protect’ interests (FT) Elon Musk bites back at SEC contempt claim (FT) Metro Bank to raise £350m as regulators probe accounting error (FT) Thales chief Patrice Caine rules out move for Alstom...
...(FT) Vestager's reluctant no “It's fine to be big, that’s not the issue here” the EU’s competition chief insisted as she announced the blocking of a merger between Siemens and Alstom that was backed by...
...over-the-counter assets (BBG) Barclays escapes criminal charges for crisis-era fundraising (FT) Deutsche Bank chief attacks manager excuses over bank failures (FT) Network Rail asks EU to block Siemens-Alstom...
...“If this is about protecting privacy, and not just cute virtue signaling, then they should block all 3rd party JS [Javascript] and pixels.”...
...On Thursday, the European Central Bank added to that bullishness by offering an upbeat assessment and signaling in minutes from its mid-December meeting that it is planning to slow its stimulus programme...
Technology is bringing the ‘physical internet’ a step nearer, so goods can be shipped according to space available on shared resources
...Finland’s Fortum made an €8bn offer for Germany’s Uniper, Siemens struck a €7bn deal to combine its rail arm with France’s Alstom and Hellman & Friedman agreed to buy Nordics payments processor Nets A/S....
...While focusing on the C Series, Bombardier’s saw its rival Embraer pull ahead in regional jets, and the Canadian company’s train-making division now looks vulnerable after competitors Siemens and Alstom...
...A version of this article was first published by the Nikkei Asian Review on November 4. ©2017 Nikkei Inc. All rights reserved....
...The Alstom deal is one example....
...Bombardier Transportation has seen a dip in revenues and profits amid increasing competition from new trainmakers in eastern Europe and China, as well as from established rivals such as Siemens and Alstom...
International Edition