Alstom takes majority stake in Kazakh joint venture

By Railway Gazette International2017-12-22T11:25:06

KAZAKHSTAN: Alstom announced on December 22 that it had signed an agreement to acquire from national railway KTZ its 25% stake in the EKZ electric locomotive production joint venture. Subject to regulatory approval, this would see Alstom hold 75% of the company, the remaining 25% owned by Transmashholding.

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Alstom takes majority stake in Kazakh joint venture

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