TransMashHolding Share Goes to Alstom

The Federal Anti-Monopoly Service has given the go-ahead for French company Alstom to purchase a 25 percent stake in rolling stock manufacturer TransMashHolding, TransMashHolding board chairman Andrei Bokarev told reporters on the sidelines of a meeting of Russian Union of Industrialists and Entrepreneurs executives Thursday. The government foreign investment commission approved the sale of 25 percent plus one share in TransMashHolding to Alstom at the end of March. Both companies had hoped to close […]