The takeover would help Alstom compete more effectively with Chinese rail giant CRRC Corp Ltd 601766.SS, after European regulators last year blocked Alstom from merging with Germany's Siemens ...

Alstom is the world's second-biggest train maker after China's state-owned CRRC and has contracts on its order books from Britain for its HS2 high-speed railway and for the largest train tender in ...

The deal will be Alstom’s second attempt to create a European rail company that can compete with the likes of China Railway Rolling Stock Corporation (CRRC), the world’s largest supplier of ...

China's CRRC, with annual revenue of about $35 billion, is bigger than Siemens Mobility, the rail and infrastructure division of the German conglomerate, Alstom and Bombardier Transportation combined.

plant for final assembly. CRRC bid $34 million below second-place Bombardier Transportation (now Alstom) and $47 million below Hyundai Rotem. The SEPTA contract was CRRC’s first U.S. order for ...

EU competition commissioner, Margrethe Vestager, has also rejected arguments from Siemens and Alstom that the merger is necessary to fend off competition from CRRC. Alstom, which published third ...

EU competition commissioner, Margrethe Vestager, has also rejected arguments from Siemens and Alstom that the merger is necessary to fend off competition from CRRC. Alstom, which published third ...