The sale of stake will depend on the completion of the acquisition of Alstom’s energy businesses by GE.
The Fench Government has an option to buy up to 20% of Bouygues stake in Alstom for a period of 20 months from the closure of GE transaction.
The deal will give the government 20% of voting rights in Alstom.
Bouygues will also support the appointment of two members to Alstom’s board of directors to be named by the French government.
Photo: courtesy of adamr/Freedigitalphotos.net.
