Alstom's main shareholder CDPQ welcomes action plan to improve group financials
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investing.comPARIS (Reuters) — Canadian investment group CDPQ, Alstom (EPA:ALSO)'s largest shareholder, on Wednesday welcomed the trainmaker's action plan to improve its financial situation.
«Alstom has undertaken a necessary action plan – both operationally and financially,» the fund said, adding: «We also welcome the measures taken to improve governance, including the arrival of Philippe Petitcolin (as new chairman).»
Alstom shocked markets earlier on Wednesday when it said it was considering a capital increase and is seeking asset sales worth up to 1 billion euros ($1.09 billion) to bolster its balance sheet.
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