Transmashholding and Alstom merger rumours

Transmashholding and Alstom merger: Russia’s largest locomotive and rail equipment manufacturer Transmashholding and France’s Alstom could merge, according to TMX CEO Andrew Bokareva. He cautioned, however, that discussions between the French company and Transmashholding were still at a very early stage, and added that they were in no way connected with GE’s ongoing attempts to acquire the French company. BFM