The transaction complies with all applicable social processes and consultations with employee representative bodies and was subject to regulatory approvals.
Photo: Alstom
Alstom announced that it has concluded the divestment of its Coradia Polyvalent platform, its Reichshoffen production site in France and its TALENT3 platform, currently developed in Hennigsdorf, Germany to CAF.
The transaction is part of Alstom’s commitments to the European Commission in relation to Alstom’s acquisition of Bombardier Transportation.
Alstom said it will honor its remaining obligations under existing orders for TALENT 3 and will operate in consortium with CAF to fulfil existing contracts for Rolling Stock delivery from the Reichshoffen site.
The transaction complies with all applicable social processes and consultations with employee representative bodies and was subject to regulatory approvals.
This milestone signals the completion of the divestment commitments to the European Commission for their clearance of the Alstom/Bombardier transaction.
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