Rail

Alstom, Schneider Electric acquire Areva T&D

Posted on January 21, 2010

Alstom and Schneider Electric signed an agreement with Areva for the acquisition of Areva T&D, its transmission and distribution business. This agreement comes as a result of the exclusive negotiations that started on Nov. 30, 2009, and after the completion of the consultation of the relevant employee representatives.

The closing of the transaction remains subject to the approvals of the relevant competition authorities and of the French Commission des Participations et des
Transferts (CPT), and is expected to occur in Spring 2010.

Alstom and Schneider Electric intend to build on the quality of the first contacts
established with the Areva T&D management.

View comments or post a comment on this story. (0 Comments)

More News

Metro-North employees commended for saving colleague’s life

Jeff Ballard, a Brewster Yardmaster took his colleague’s pulse and recognized that he was having a heart attack.

Dozens of teens storm BART train, rob passengers

The incident happened at 9:30 p.m. Saturday at the Coliseum Station in Oakland aboard a Dublin/Pleasanton-bound train.

Sunrail explores other modes for proposed airport link

The high cost of heavy commuter rail trains is the reason for the debate.

Alstom delivers first metro cars for additional Panama fleet

Alstom will also upgrade the existing signalling and power supply infrastructure, required to run the extended fleet with five cars per train.

New York MTA expects new subway cars to begin service this year

Originally expected to be delivered in 2014, the first car from manufacturers Bombardier Transportation didn’t arrive in New York until September of last year.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close