CCCS Clears Proposed Acquisition of Bombardier Transportation by Alstom
The Competition and Consumer Commission of Singapore (“CCCS”) has cleared the proposed acquisition of Bombardier Transportation (Investment) UK Ltd (“Bombardier Transportation”) by Alstom S.A. (“Alstom”) (the “Proposed Transaction”) (each, a “Party” and collectively, “the Parties”).
Following its assessment, CCCS has concluded that the Proposed Transaction, if carried into effect, will not infringe the section 54 prohibition of the Competition Act (Cap. 50B) (the “Act”).
Read the full media release here.