BFW 05/28 10:25 *MACRON: GOVT COULD TAKE ALSTOM STAKE IN CERTAIN CIRCUMSTANCES
BN 05/28 10:24 *MACRON: GOVT COULD TAKE ALSTOM STAKE IN CERTAIN CIRCUMSTANCES
BN 05/28 10:23 *FRENCH ECONOMY MINISTER MACRON SPOKE IN BELFORT, FRANCE
BN 05/28 10:22 *MACRON SAYS WILL TRY TO AVOID JOB CUTS AT ALSTOM TRANSPORT
BN 05/28 10:24 *MACRON: GOVT COULD TAKE ALSTOM STAKE IN CERTAIN CIRCUMSTANCES
BN 05/28 10:23 *FRENCH ECONOMY MINISTER MACRON SPOKE IN BELFORT, FRANCE
BN 05/28 10:22 *MACRON SAYS WILL TRY TO AVOID JOB CUTS AT ALSTOM TRANSPORT
Macron Says France Will Probably Use Option to buy Alstom Stake
2015-05-28 11:55:46.461 GMT
By Francois de Beaupuy
(Bloomberg) -- French Economy Minister Emmanuel Macron
repeats that France will have 20% of Alstom’s voting rights from
Bouygues once GE-Alstom Energy deal is closed. He also said
during a visit in Alstom plant in Belfort, Eastern France, that:
* France will use option to buy Alstom stake from Bouygues if
necessary
* France is working to avoid job cuts at Alstom Transport;
SNCF will launch EU50m tender for technical studies on new
high-speed trains
* There is a potential market for 200 new high-speed trains in
France near term, and another 200 trains abroad; says Amtrak
will probably launch high-speed train tender for Washington-
Boston service in September
* France has signed deal with Morocco that will provide tram
orders for Alstom; Alstom also has prospects to sell
locomotives to Akiem, SBB
* Macron regrets that EDF bid for part of Areva was leaked to
press, as well as public comments on the matter
Link to Company News:{ALO FP <Equity> CN <GO>}
Link to Company News:{GE US <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the editor responsible for this story:
Francois de Beaupuy at +33-1-5365-5051 or
fdebeaupuy@bloomberg.net
2015-05-28 11:55:46.461 GMT
By Francois de Beaupuy
(Bloomberg) -- French Economy Minister Emmanuel Macron
repeats that France will have 20% of Alstom’s voting rights from
Bouygues once GE-Alstom Energy deal is closed. He also said
during a visit in Alstom plant in Belfort, Eastern France, that:
* France will use option to buy Alstom stake from Bouygues if
necessary
* France is working to avoid job cuts at Alstom Transport;
SNCF will launch EU50m tender for technical studies on new
high-speed trains
* There is a potential market for 200 new high-speed trains in
France near term, and another 200 trains abroad; says Amtrak
will probably launch high-speed train tender for Washington-
Boston service in September
* France has signed deal with Morocco that will provide tram
orders for Alstom; Alstom also has prospects to sell
locomotives to Akiem, SBB
* Macron regrets that EDF bid for part of Areva was leaked to
press, as well as public comments on the matter
Link to Company News:{ALO FP <Equity> CN <GO>}
Link to Company News:{GE US <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the editor responsible for this story:
Francois de Beaupuy at +33-1-5365-5051 or
fdebeaupuy@bloomberg.net