(AOF) – Alstom has reached an agreement with Knorr-Bremse AG for the sale of its conventional signaling business in North America for a purchase price of approximately 630 million euros. The group specializing in intelligent and sustainable mobility emphasizes that this transaction is part of the global action plan announced in November, aimed at strengthening its position in the rail industry. Alstom will provide details of its plan during annual results on May 8, 2024.
The objective is to maintain a solid and sustainable investment grade rating and its debt reduction objective of 2 billion euros.
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