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ALO Alstom

15.045
0.14 (0.94%)
26 Apr 2024 - Closed
Delayed by 15 minutes
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
  0.14 0.94% 15.045 15.00 15.09 15.265 14.98 15.00 1,547,061 16:40:00

Bouygues Sells 13% Stake in Alstom for EUR1.08 Billion

12/09/2019 8:04am

Dow Jones News


Alstom (EU:ALO)
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By Olivia Bugault

 

Bouygues SA (EN.FR) said Thursday that it has completed the sale of its 13% stake in Alstom SA (ALO.FR) for 37 euros ($40.78) a share, or a total amount of EUR1.08 billion.

The French telecommunications company said that following the sale it still remains Alstom's main shareholder with a 14.7% stake.

"Bouygues undertakes with the banks in charge of the placement to a 180-day lock up for its remaining Alstom shares, subject to customary exceptions," Bouygues said.

 

Write to Olivia Bugault at olivia.bugault@dowjones.com

 

(END) Dow Jones Newswires

September 12, 2019 02:49 ET (06:49 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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