Alstom (ALO)

Index:

CAC 40

  20.89
   
  • Change Today:
     -0.42
  • 52 Week High:  22.73
  • 52 Week Low:  10.70
  • Currency: Euro
  • Shares Issued: 384.29m
  • Volume: 897,421
  • Market Cap:  8,028m
  • Beta: 1.34

Alstom confirms talks to buy Bombardier's train business

By Michele Maatouk

Date: Monday 17 Feb 2020

LONDON (ShareCast) - (Sharecast News) - French train company Alstom confirmed on Monday that it is in talks with Canada's Bombardier about a possible acquisition of its train business.
"Discussions are ongoing," Alstom said, adding that no final decision has been made. "Alstom will inform the public of any material developments in this respect."

The statement followed reports over the weekend, with the Wall Street Journal suggesting that Alstom had reached a preliminary deal to buy the business for more than $7bn.

At 0850 GMT, Alstom shares were up 1.9% at €49.53.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Alstom Market Data

Currency Euro
Share Price   20.89
Change Today   -0.42
% Change -1.97 %
52 Week High  22.73
52 Week Low  10.70
Volume 897,421
Shares Issued 384.29m
Market Cap  8,028m
Beta 1.34

What The Brokers Say

Strong Buy 3
Buy 3
Neutral 6
Sell 2
Strong Sell 0
Total 14
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Trades for 21-Nov-2024

Time Volume / Share Price
17:36 1 @  20.89
17:36 10 @  20.89
17:36 801 @  20.89
17:35 1,595 @  20.89
17:35 3,543 @  20.89

Top of Page