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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Alstom | EU:ALO | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 18.26 | 18.20 | 18.50 | 0.00 | 01:00:00 |
From May 2019 to May 2024
LONDON--Balfour Beatty PLC (BBY.LN), the infrastructure group, Thursday said it has sold its stake in its 50-50 joint venture Signalling Solutions Ltd. to its partner, French engineering giant Alstom SA (ALO.FR), without disclosing financial details.
Signalling Solutions, formed in 2007, provides signaling technology and services to the U.K.'s rail sector.
Balfour Beatty said divesting the stake will allow the support services and construction company's rail business to focus on its core strengths.
At 1227 GMT, Balfour Beatty shares fell 0.6% to 257 pence, valuing the company at GBP1.78 billion ($2.72 billion).
--Write to Simon Zekaria at simon.zekaria@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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