(IN BRIEF) Alstom has been selected to provide its I-CBTC automatic train control system and radio communication technology for the modernisation of Paris metro line 8 as part of the OCTYS 2030 programme led by RATP and Île-de-France Mobilités. The … Read the full press release
Posted in France, Industrial, Infrastructure & Utilities, Management, Technology, Transportation & Logistics
Tagged Aix en Provence Alstom site, Alstom, Alstom Selected to Deliver I-CBTC Automatic Train Control System for Paris Metro Line 8 Modernisation, automatic train control GoA2, communication-based train control (CBTC), digital mobility France, Frédéric Wiscart, I-CBTC signalling system, Île-de-France Mobilités, metro automation systems, MF19 metro trains, OCTYS 2030 programme, Paris metro line 8, Paris metro modernization, rail signalling technology, railway signalling innovation, RATP, Saint Ouen Alstom site, smart mobility solutions, urban rail transport systems, Villeurbanne Alstom site
(IN BRIEF) Alstom has sold its North American conventional signalling business to Knorr-Bremse AG for $690 million as part of a broader €2 billion financial restructuring plan. This sale is aimed at strengthening Alstom’s balance sheet and stabilizing its Investment … Read the full press release
Posted in Business, France, Industrial, Infrastructure & Utilities, Investment, Technology, Transportation & Logistics
Tagged Alstom, antitrust advisor, binding agreement, Cleary Gottlieb Steen & Hamilton LLP, communication-based train control (CBTC), Crédit Agricole CIB, deleveraging plan, European train control systems (ETCS), financial advisor, financial due diligence, investment grade rating, Knorr-Bremse AG, legal advisor, North American conventional signalling business, sale, smart and sustainable mobility, U.S. mobility technology, White & Case LLP
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