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Alstom

CAF Bombardier

Markets, Spanish economy, Spanish Small & Mid Caps 8th February 2021

Alstom Withdraws Bid For Mega-Contract Won By CAF-Bombardier Consortium

Renta 4 | Alstom has decided to cancel its bid for the contract for the supply of 146 trains worth 2.560 billion euros that the CAF-Bombardier consortium won three weeks ago, considering it to be unfeasible. From a financial point of view, this setback leaves in the air a contract worth, according to the latest information from the consortium, around €1 Bn. Moreover, from a strategic point of view, CAF could lose the opportunity to consolidate its position as the second largest operator in the French market.

CAF

Spanish economy 25th January 2021

Possible Disinterest Of CAF In Alstom’s Divestments In France

CAF could have withdrawn from buying the factory that Alstom has in Reichschoffen (Alsace, France). The European authorities are forcing the French company to sell in exchange for giving the green light to the 5.3 billion euros acquisition of Bombardier’s railway business. This purchase will be executed on January 29. On January 8, Alstom seemingly informed the trade unions of this plant that CAF was not interested in the situation of the operation.

CAF consolidates its position in France with the rehabilitation of 43 trains for Paris

Markets, Spanish economy, Spanish Small & Mid Caps 19th October 2020

CAF Favourite To Take Over Alstom’s Assets

Spain’s CAF is amongst the investors interested in buying the only factory Alstom has put up for sale in France to meet the conditions imposed by the European Commission on the purchase of the Canadian firm Bombardier. In fact, CAF is the favourite to take over Alstom’s assets. The French unions have positioned themselves in favour of CAF due to the size of the company and their commitment to retaining the entire workforce. That said, CAF will have to compete with Skoda for the factory. 

talgos

In Europe 30th November 2016

Talgo’s Contract With Renfe Sparks Protectionist Battles In The Europe Of The Single Market

Talgo has been the big railway company protected by all Spain’s governments. So it’s no suprise that Talgo’s Avril – with its own traction power –  has just beaten Alstom and Siemens and won the contract to build 15-high speed AVE trains for state-owned Renfe. The German company hardly even flinched, but the French had their doubts about how the calculations were made and have asked for clarification.