PR Newswire/Les Echos/
Press Release January 20, 2010
Schneider Electric and Alstom signed with Areva the agreement for the
acquisition of Areva T&D
Alstom and Schneider Electric signed today the agreement with Areva for the
acquisition of Areva T&D, its transmission and distribution business. This
agreement comes as a result of the exclusive negotiations that started on
November 30, 2009 and after the completion of the consultation of the relevant
employee representatives.
The closing of the transaction remains subject to the approvals of the relevant
competition authorities and of the French Commission des Participations et des
Transferts (CPT), and is expected to occur in Spring 2010.
Alstom and Schneider Electric intend to build on the quality of the first
contacts established with the Areva T&D management in order to jointly prepare
the future.
PRESS CONTACT ALSTOM
PHILIPPE KASSE, STÉPHANE FARHI (CORPORATE)
TEL : + 33 (0) 1 41 49 29 82 / 33 08
philippe.kasse@chq.alstom.com
stephane.farhi@chq.alstom.com
INVESTOR RELATIONS ALSTOM
EMMANUELLE CHATELAIN
TEL : + 33 (0)1 41 49 37 38
emmanuelle.chatelain@chq.alstom.com
PRESS CONTACT SCHNEIDER ELECTRIC
VERONIQUE ROQUET MONTEGON
TEL. : +33 (0)1 41 29 70 76
veronique.roquet-montegon@schneider-electric.com
PRESS CONTACT DGM
MICHEL CALZARONI / OLIVIER LABESSE
TEL. : +33 (0)1 40 70 11 89
INVESTOR RELATIONS SCHNEIDER ELECTRIC
CARINA HO
TÉL. : +33 (0) 1 41 29 83 29
carina.ho@fr.schneider-electric.com
www.schneider-electric.com
ISIN : FR0000121972
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