Engineer Wood Group rejects £1.4bn bid from Dubai rival; TSB to shut 36 branches – business live
Train driver strikes in England bring more disruption; Sweden’s Riksbank cuts rates for first time in eight yearsFrance’s Alstom has announced a €1bn capital raise to help cut debt as the world’s second largest trainmaker struggles with delayed orders amid concerns about the future of its Derby factory.The Paris-listed company plans to raise €1bn from investors which it hopes to complete by September as well as a €750m bond issue, as part of a €2bn deleveraging plan to cut debt. Continue reading...
Train driver strikes in England bring more disruption; Sweden’s Riksbank cuts rates for first time in eight years
France’s Alstom has announced a €1bn capital raise to help cut debt as the world’s second largest trainmaker struggles with delayed orders amid concerns about the future of its Derby factory.
The Paris-listed company plans to raise €1bn from investors which it hopes to complete by September as well as a €750m bond issue, as part of a €2bn deleveraging plan to cut debt. Continue reading...
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