CRRC Corp Ltd (1766.HK)
18 Apr 2019
* Stadler aims to double sales to 4 bln Sfr by 2020
(Rewrites, adding detail, background)
SHANGHAI, Feb 15 China's national railway
operator has sold a 15 percent stake in one of its units for
2.37 billion yuan ($349.9 million) to a group of six firms
including JD.com's logistics arm and Dongfeng Motor
, in the latest implementation of the country's
BELFORT, France, Feb 12 After four decades on
the production line at French trainmaker Alstom,
Claude Gemino had little sympathy for Emmanuel Macron when
Brussels scotched the French president's hopes of creating a
European rail champion.
* France, Germany seeking to change EU competition rules
(Adds Alstom CEO, analyst, updates Alstom shares)
PARIS, Feb 6 French conglomerate Bouygues
, which has a 28 percent stake in Alstom,
said it regretted the European Union's decision to veto a merger
between Alstom and Siemens but added it was confident
over Alstom's prospects.
ZURICH, Feb 6 Siemens said it
regretted the European Commission's decision to block the merger
of its rail business with France's Alstom and would
now assess "all options" for the future of its own train
BRUSSELS, Feb 6 EU antitrust chief Margrethe
Vestager will hold a news conference in Brussels concerning two
merger cases at around 1045 GMT, the European Commission said on
Wednesday, without providing further details.
BRUSSELS, Feb 4 As Siemens and Alstom
face EU rejection of their plan to create a European
rail champion to fight foreign rivals, the lesson for other
companies is to play up the domestic benefits of their merger
deals and be prepared to sell assets.
* CEO says will accept EU decision on rail merger and move
PARIS, Jan 28 Efforts by Alstom and
Siemens to create a European rail champion could yet
hit the buffers despite their latest concessions to try to
address antitrust concerns.