(IN BRIEF) Knorr-Bremse AG has announced that Marc Llistosella’s contract as CEO will be renewed for five additional years, extending his tenure until December 2030. This early renewal follows Llistosella’s successful leadership and the progress made under the BOOST 2026 … Read the full press release
Posted in Business, Germany, Industrial, Infrastructure & Utilities, Management, News, Technology, Transportation & Logistics
Tagged appointment, BOOST 2026 strategy, braking systems, CEO, commercial vehicle systems, early contract renewal, Employee Representatives, global market leader, Knorr-Bremse AG, leadership, Marc Llistosella, operational strength, profitability, rail systems, Reinhard Ploss, strategic transformation, Supervisory Board, sustainable growth
(IN BRIEF) Knorr-Bremse AG has successfully issued a dual-tranche bond totaling 1.1 billion Euro, marking its first Green Bond of 500 million Euro aimed at financing eligible green projects. The remaining 600 million Euro bond has a five-year maturity and … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Financial, Frank Markus Weber, investment, Knorr-Bremse AG, sustainability
(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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