France set to offer state help to Alstom

Author (Person) ,
Series Title
Series Details 5.8.03, p19
Publication Date 05/08/2003
Content Type

The French government is standing by with plans to bail out Alstom, France's flagship heavy engineering group, that could see it take a 30 per cent stake in the troubled maker of high speed trains, cruise ships and power turbines. It could arouse the attention of the competition authorities within the European Commission.

Subject Categories ,
Countries / Regions