logo
logo

Knorr-Bremse acquires Alstom's North American signal business for approximately $690 million

Knorr-Bremse acquires Alstom's North American signal business for approximately $690 million

09/03/24, 10:16 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/FR.svgsaint ouen sur seine
Industry
transportation
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.

Company Info

Company
Knorr-Bremse