Alstom sells North American signalling business to Knorr-Bremse for $690 mln

Knorr Bremse AG

02/09/2024 07:50

Sept 2 (Reuters) - French train maker Alstom  ALSO.PA 
announced on Monday the sale of its North American conventional
signalling business to Knorr-Bremse AG  KBX.DE  for $690
million.
    "Closing of the sale completes the execution of the
company’s 2 billion euro ($2.21 billion) deleveraging plan",
Alstom said.

($1 = 0.9041 euros)
($1 = $1.0000)
($1 = 0.9038 euros)

 (Reporting by Alban Kacher, Editing by Louise Heavens)
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