On 26 April 2006, Bouygues and Alstom concluded a major non-exclusive cooperation agreement. Bouygues also took a 21% stake in Alstom.
A major strategic decision
Alstom and Bouygues are stepping up cooperation to better meet transport infrastructure and power generation needs worldwide. On entering into the partnership, Bouygues acquired the French government's stake in Alstom at a price of €68.21 per share, representing a total investment of €2 billion. Bouygues agreed to keep the shares bought from the government for at least three years. It also acquired Alstom shares on the market, raising its stake to 25% 2007. At 2 March 2010, Bouygues owned 29.8%1 of Alstom.
Alstom
A key player in its business areas
With operations in over 70 countries and a workforce of 79,500, Alstom has two lines of business.
Power Generation
Alstom is the world's leading provider of turnkey power plants, power generation services and air quality control systems. Covering all energy sources (coal, gas, oil, nuclear, hydro, wind), Alstom also leads the field in clean power and is developing CO2 capture processes.
Rail Transport
Alstom is one of the world's leading providers of rail transport equipment and services (rolling stock, infrastructure, signalling equipment, maintenance, turnkey rail systems). It is also the world's leading maker of high-speed trains and the second largest provider of urban light railway systems.
1excluding Alstom Hydro
(Updated: March 2010)