“The acquisition of Bombardier Transportation is a change for Alstom. It will enable the group to accelerate its strategic roadmap and strengthen its leadership position in the context of a dynamic market, at a time when sustainable transport is at the heart of the global agenda. The UK Department for Transport and Arriva CrossCountry have signed a three-year contract to align the franchise with the ERMAs. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may,” “wants,” “wants,” “wait,” “estimate,” “project,” “expected,” “predicts,” “believe,” “continue,” “keep” or “align,” the negative of those terms, variations of them, or similar terminology. Forward-looking statements are made to help investors and others understand key elements of our current objectives, strategic priorities, expectations, prospects and plans, and a better understanding of our business and the expected operating environment. Readers are informed that this information may not be adapted for other purposes. French transport infrastructure company Alstom said on Monday it would take into account Bombardier`s weak results earlier this month as it was still considering buying the Canadian company`s rail business. “The acquisition of Bombardier Transportation is a change for Alstom. It will enable the group to accelerate its strategic roadmap and strengthen its leadership in the context of a dynamic market, at a time when sustainable transport is at the heart of the global agenda. Bombardier Transportation is inserting a complementary geographic presence to expand Alstom`s commercial reach in important and growing markets, strong product complementarities for rolling stock, a strategic scale of services and signage, industrial capabilities in key countries, and a cutting-edge portfolio that offers additional research and development capabilities to invest in environmentally friendly and intelligent innovations.
Alstom will also welcome new talent and know-how, with the arrival of Bombardier Transportation employees,” said Henri Poupart-Lafarge, Alstom`s President and CEO. This press release does not constitute a prospectus, offer or invitation to sell or issue an offer or invitation to purchase or subscribe or to request the purchase or subscription of shares or other securities in the Company in France, the United Kingdom, the United States or any other jurisdiction. An offer of the company`s securities may only be made in France on the basis of a prospectus obtained by the AMF or outside France on the basis of an offer document drawn up for this purpose. Hitachi will provide 28 single-track vehicles with six vehicles, as well as signalling systems and other equipment for Panama Metro Line 3.