-A step-change acquisition to address the ever-increasing demand for sustainable mobility-Excellent strategic rationale bringing to Alstom:– Strong commercial and product complementarities– Strengthened product lines and strategic industrial capacity– Leading portfolio offering and R&D capabilities-Acquisition price from €5.8bn to €6.2bn-CDPQ to become the largest shareholder of Alstom with c.18% of the capital Official […]

(Reuters) – France’s Alstom SA has agreed to buy the rail division of Canada’s Bombardier Inc for up to 6.2 billion euros ($6.7 billion) to create the world’s No. 2 train manufacturer and better take on Chinese leader CRRC Corp. The cash and shares deal, announced on Monday, is the […]

According to the Premier: “Tonight, I spoke with the Prime Minister to request immediate action and a clear plan to end the CN railway blockades. This is an issue of national significance requiring federal leadership. I urge the federal government to work with the impacted communities to find a resolution.” […]

A freight train heading to Uzbekistan and Kazakhstan departed from Zhengzhou International Hub in Central China’s Henan province on Sunday, marking the resumption of China-Europe Railway Express (Zhengzhou) freight train service after the outbreak of novel coronavirus pneumonia. The train is loaded with 615.8 tons of goods including mechanical equipment, […]

Joint media release from Metrorail, the City of Cape Townand the Western Cape Government Rail Enforcement Unit nailed 238 suspects, recovered R400 000 in stolen copper cable, metal in first year Since its inception on 27 October 2018 the REU has acted as a force multiplier for PRASA’s regional Protection Services Unit. Together, the teams […]

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