Corporate News     02-Apr-14
Alstom India sells its steam auxiliary components business
For € 730 million
Alstom India has agreed to sell its steam auxiliary components business to Triton, a leading European investment firm, for an enterprise value of around € 730 million. The transaction was approved by the Board of Alstom on 31 March 2014.

This project is part of the non-core asset disposal programme, announced by Alstom last November. The transaction is expected to close before the end of the 1st half of fiscal year 2014-15.

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