Press

Alstom plant takeover by Škoda Transportation is complicated

(ČIA) Škoda Transportation is unable to complete the takeover of the French Reichshoffen plant of the Alstom railway group, which was supposed to pave the way for control of the Transportation division of the Canadian company Bombardier. The daily E15 informs about it, stating that according to the original plans, the transaction was to be completed by the end of July 2021. In the last two weeks, Alstom offered the Plzeň-based group three final offers, which it immediately withdrew. Therefore, according to sources in the E15, Škoda Transportation is now examining whether to continue negotiations.

 

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