Alstom gains control of Fiat

ON JUNE 20 Alstom and Fiat reached agreement for Alstom to take a 51% stake in the rolling stock subsidiary of the Italian company, Fiat Ferroviaria. The deal gives Alstom full access to Fiat’s tilting train technology, bogie designs and other components, and strengthens Alstom’s position in the Swiss and ...

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