Alstom sells North American signalling business to Knorr-Bremse for $690 mln
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)
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($1 = 0.9038 euros)
Reporting by Alban Kacher, Editing by Louise Heavens
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