Knorr-Bremse acquires Alstom's North American signal business for approximately $690 million
09/03/24, 10:16 AM
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Alstom has completed the sale of its North American signal business to Knorr-Bremse for approximately $690 million. This acquisition is part of Alstom's plan to divest itself of some €2 billion in assets to address cash-flow issues resulting from the 2021 acquisition of Bombardier.