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Mergers and acquisitions
July 9, 2020
|
Financial
Alstom-Bombardier Transportation: concessions proposed to appease EC
ALSTOM has committed to sell key product lines to assuage concerns raised by the European Commission (EC) on the effect of its acquisition of Bombardier Transportation on the European rail market.
June 24, 2020
|
Financial
Czech Railways and Leo Express end merger discussions
CZECH open-access operator Leo Express has confirmed that discussions for a takeover by Czech Railways (ČD) have come to an end but says it is still in talks with other potential partners.
June 15, 2020
|
Financial
EU to decide on Alstom- Bombardier deal by July 16
EUROPEAN Union antitrust regulators have set a deadline of July 16 for a decision of whether to approve Alstom’s bid for Bombardier Transportation.
June 12, 2020
|
Financial
Ancala agrees to acquire Hector Rail
INDEPENDENT infrastructure investment manager Ancala, Britain, has agreed to buy Hector Rail from EQT on behalf of its European Infrastructure Fund II. The transaction is expected to be completed in the third quarter of 2020.
May 4, 2020
|
Financial
Voith consortium to acquire 59% stake in Traktionssysteme Austria
VOITH, Germany, and PCS Holding, Switzerland, are to acquire 59% of the shares in Traktionssysteme Austria (TSA) for an undisclosed sum.
April 27, 2020
|
Financial
Germany approves CRRC’s Vossloh Locomotive acquisition
GERMANY’s Federal Cartel Office has approved CRRC Zhuzhou Locomotive’s acquisition of Vossloh Locomotives saying its concerns do not justify rejecting the merger.
April 24, 2020
|
Financial
Czech Railways reportedly in talks over Leo Express acquisition
CZECH Railways (ČD) is reportedly in talks regarding a potential takeover of private open-access passenger operator and market rival Leo Express.
April 21, 2020
|
Financial
Investment fund takes 92.5% stake in Italian freight operator
ITALIAN infrastructure fund manager F2i SGR and the National Association of Insurance Companies (Ania) have announced the acquisition of a majority stake in privately-owned freight rail operator Italian Railway Company (CFI).
April 2, 2020
|
Freight
Swiss Combi’s purchase of 35% stake in SBB Cargo gets green light
SWITZERLAND’s Competition Commission (Weko) has approved Swiss Combi’s acquisition of a 35% stake in Swiss Federal Railways (SBB) subsidiary SBB Cargo. The deal was first agreed on August 30 2019.
March 10, 2020
|
Financial
Chinese group completes British Steel acquisition
JINGYE Group, China, has completed the acquisition of British Steel’s British and Dutch assets and pledged to invest £1.2bn in the troubled steel maker.
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