{"id":8409,"date":"2020-08-03T19:02:30","date_gmt":"2020-08-04T00:02:30","guid":{"rendered":"http:\/\/planesintheair.com\/?p=8409"},"modified":"2020-08-03T19:02:30","modified_gmt":"2020-08-04T00:02:30","slug":"european-commission-clears-alstoms-acquisition-of-bombardier-transportation","status":"publish","type":"post","link":"https:\/\/planesintheair.com\/?p=8409","title":{"rendered":"European Commission Clears Alstom\u2019s acquisition of Bombardier Transportation"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"394\" src=\"https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/08\/ALSTOM_SIGNATURE_2LINES_2_COLOURS_RGB_HD-1024x394.jpg\" alt=\"\" class=\"wp-image-8411\" srcset=\"https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/08\/ALSTOM_SIGNATURE_2LINES_2_COLOURS_RGB_HD-1024x394.jpg 1024w, https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/08\/ALSTOM_SIGNATURE_2LINES_2_COLOURS_RGB_HD-300x115.jpg 300w, https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/08\/ALSTOM_SIGNATURE_2LINES_2_COLOURS_RGB_HD-768x295.jpg 768w, https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/08\/ALSTOM_SIGNATURE_2LINES_2_COLOURS_RGB_HD-1536x591.jpg 1536w, https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/08\/ALSTOM_SIGNATURE_2LINES_2_COLOURS_RGB_HD-2048x788.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Alstom and Bombardier welcome the European Commission\u2019s (EC) decision for conditional clearance of the proposed acquisition of Bombardier Transportation by Alstom.<\/p>\n\n\n\n<p>The Commission\u2019s approval for the transaction is conditional on the proposed engagements that consist of:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>A transfer of Bombardier Transportation\u2019s contribution to the V300 ZEFIRO very high-speed train and an offer of IP licence to Hitachi for the train co-developed by Hitachi and Bombardier Transportation for use in future very high-speed tenders in the UK<\/li><li>The divestment of the Alstom Coradia Polyvalent and the Reichshoffen production site in France<\/li><li>The divestment of the Bombardier TALENT 3 platform and dedicated production facilities located within the Hennigsdorf site in Germany<\/li><li>Providing access to certain interfaces and products for some of Bombardier Transportation\u2019s Signalling On-Board Units and Train Control Management Systems (TCMS)<\/li><\/ul>\n\n\n\n<p>The divestitures will comply with all applicable social processes and consultations with employee representatives&#8217; bodies.<\/p>\n\n\n\n<p>The transaction remains subject to further regulatory approvals in several other jurisdictions and customary closing conditions.&nbsp;<\/p>\n\n\n\n<p>Closing of the acquisition is expected for the first half of 2021.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/08\/ae70f08a3de687e12ff918dbd068e4e0-1024x640.jpg\" alt=\"\" class=\"wp-image-8410\" srcset=\"https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/08\/ae70f08a3de687e12ff918dbd068e4e0-1024x640.jpg 1024w, https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/08\/ae70f08a3de687e12ff918dbd068e4e0-300x188.jpg 300w, https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/08\/ae70f08a3de687e12ff918dbd068e4e0-768x480.jpg 768w, https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/08\/ae70f08a3de687e12ff918dbd068e4e0-1536x960.jpg 1536w, https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/08\/ae70f08a3de687e12ff918dbd068e4e0.jpg 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Alstom and Bombardier welcome the European Commission\u2019s (EC) decision for conditional clearance of the proposed acquisition of Bombardier Transportation by Alstom.<\/p>\n","protected":false},"author":1,"featured_media":8410,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5637,8475,8222,5992,2303,5878,7929,2203,10751,4957,10194,4059,5676,8651,7383,10169,10458,1210,10176,1397,7658,10195,10171,868,10182,1103],"tags":[7198,3648,3342,52,5498,11509,10854,3516,7422,2908,6526,3755,12112,5356,1180,4414,207,571,12110,3388,5027,12108,11010,2077,412,1685,3106,6525,515,3325,1212,6536,1055,5433,4273,3805,1149,12109,12111,2718,1691,1658,1630,2344,12106,4563,12107],"class_list":["post-8409","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-canadian-news","category-consumer-news","category-economic-news","category-electric-vehicle-news","category-environmental-news","category-european-news","category-finance-news","category-german","category-global-politics","category-green","category-green-energy-news","category-international-news","category-joint-venture-news","category-light-rail-news","category-news","category-railroad","category-railroad-news","category-stock-news-2","category-stock-news","category-subway-news","category-transport","category-transportation","category-transportation-news","category-travel","category-travel-news","tag-7198","tag-acquisition","tag-alstom","tag-bombardier","tag-clearance","tag-clears","tag-closing","tag-commission","tag-conditional","tag-control","tag-coradia","tag-decision","tag-divestitures","tag-divestment","tag-european","tag-facilities","tag-france","tag-germany","tag-hennigsdorf","tag-high","tag-hitachi","tag-ip-license","tag-jurisdictions","tag-management","tag-news","tag-passenger","tag-platform","tag-polyvalent","tag-production","tag-proposed","tag-railroad","tag-reichshoffen","tag-service","tag-signalling","tag-site","tag-speed","tag-systems","tag-talent-3","tag-tcms","tag-train","tag-transport","tag-transportation","tag-uk","tag-units","tag-v300","tag-very","tag-zefiro"],"_links":{"self":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/8409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8409"}],"version-history":[{"count":1,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/8409\/revisions"}],"predecessor-version":[{"id":8412,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/8409\/revisions\/8412"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/media\/8410"}],"wp:attachment":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}