France cheers Alstom deal; taxpayers pick up the bill: details of bailout show Paris to inject euro 2.2 billion, state will hold 31.5% stake
Article Abstract:
The European Commission greenlighted a government bailout of train, ship, and turbine manufacturer Alstom S.A. which totaled euro 4 billion, with France's share totaling euro 2.2 billion. French officials have lauded the deal, which preserves the company intact and keeps it under French management.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
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Firms ride high on China's huge rail upgrade
Article Abstract:
China is investing a lot of money in modernizing its railway system, viewing this as an essential economic investment. In order to complete the work on time, contracts will be divided among several railroad equipment manufacturers, one of which is Canada's Bombardier Inc.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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France continues talks with EU on Alstom aid
Article Abstract:
The government of France is conducting intense talks with the European Union over the planned of Alstom S.A. The bailout is valued at 7 billion euros.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
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Comment about this article or add new information about this topic:
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