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SEARCHThe divestiture was part of the comprehensive company action plan that Alstom announced in November 2023, aiming at reinforcing its balance sheet.
Alstom will continue to serve the North American signaling market on different segments, notably with Communications Based Train Control and European Train Control System solutions.
Photo: Alstom
Alstom closed the sale of its North American conventional signaling business to Knorr-Bremse AG, following the binding agreement signed in April.
The divestiture was part of the comprehensive company action plan that Alstom announced in November 2023, aiming at reinforcing its balance sheet.
Alstom has delivered all three components of that plan, and it results in the stabilization of its Investment Grade rating.
Alstom will continue to serve the North American signaling market on different segments, notably with Communications Based Train Control (CBTC) and European Train Control System (ETCS) solutions.
To date, Alstom has delivered more than 12,000 new or renovated vehicles for U.S. customers and more than 50% of signaling for North America’s railroads.
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