Rail News
Alstom completes the transfer of Hitachi Rail's portion of Bombardier Transportation's V300 ZEFIRO very-high-speed train
RailFactor Exclusive
01 July 2022 (France)
The European Commission has mandated that the deal with Hitachi Rail be completed in order to buy Bombardier Transportation
Alstom announced today that it has concluded the transfer of business activities related to Bombardier Transportation’s contribution to the V300 ZEFIRO very high-speed train to Hitachi Rail. The transaction is part of Alstom’s commitments to the European Commission in relation to Alstom’s acquisition of Bombardier Transportation.
Alstom will continue to honour its obligations under the existing orders for Rolling Stock from Trenitalia and ILSA to ensure a seamless transition.
The transaction complies with all applicable social processes and consultations with employee representative bodies and was subject to regulatory approvals.
Picture Courtesy
https://bombardier.com/
Source
https://www.alstom.com/press-releases-news/2022/7/alstom-completes-transfer-bombardier-transportations-contribution-v300
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