Alstom set to win $2.5 billion U.S. train deal: senator

September 22, 2015 9:11 AM

41 0

Alstom set to win $2.5 billion U.S. train deal: senator

PARIS French transport group Alstom (ALSO.PA) is set to win a $2.5 billion contract to build the next generation of high-speed trains for U.S. rail operator Amtrak, U.S. Senator Charles E. Schumer said.

Alstom on Tuesday welcomed the news of the possible contract, which Schumer announced on Monday in a statement published on his website. Alstom did not make any comment about the negotiations or the type of trains.

Also read: Shopping-Mall Operator Westfield Agrees to Takeover Bid Valuing It at $15.7 Billion

Read more

To category page

Loading...