Alstom Holdings definition
Examples of Alstom Holdings in a sentence
In the context of the General Electric transaction, the release of some conditional and unconditional parent company guarantees formerly issued, mainly by Alstom Holdings SA, to cover obligations of the former Energy affiliates amount of €5.6 billion.
On 16 September 2020, Alstom, Alstom Holdings (a wholly owned subsidiary of the Company), Bombardier Inc., Bombardier UK (a wholly owned subsidiary of Bombardier Inc.), CDPQ, CDP Investissements, BT Rail I L.P. and BT Rail II L.P. (wholly owned subsidiaries of CDPQ) and certain of their subsidiaries entered into a share sale and purchase agreement governing the Acquisition (the “Acquisition Agreement”).
If the amount of the Second Tranche of the Acquisition Price is positive and required to be paid to CDPQ by Alstom Holdings, such amount will also be set off against CDP Investissements' subscription of new shares issued by Alstom after a delegation to Alstom with respect to the payment of the Acquisition Price.
As explained above, Alstom Holdings, the acquiring Alstom Group entity in connection with the Acquisition, will delegate to Alstom all or part of the corresponding purchase price debt owed to CDPQ and Bombardier Inc.
Signed in Saint-Ouen, on May 17, 2018, In four (4) originals Alstom by: [Signature page of the Contribution Agreement to Alstom Holdings] Alstom Holdings by: [Signature page of the Contribution Agreement to Alstom Holdings] * To the Beneficiary Company’s knowledge based on notifications received by the Beneficiary Company, the table below shows the voting rights and the shares held by shareholders with more than 0.50% of the Beneficiary Company’s share capital as of March 31, 2018.
The share capital of Alstom Holdings, which currently amounts to €624,125,422.20, would thus be increased from the nominal amount of €659,165,943.30 to €1,283,291,365.5, divided into 54,147,315 shares, fully paid-up and all of the same class.
Unless otherwise specified herein, all costs and expenses incurred in connection with this Contribution Agreement and the transactions contemplated hereby shall be paid by the Party incurring such expenses, provided however that Transfer Taxes triggered by the Contribution or otherwise arising as a result of this Contribution Agreement or the transactions contemplated therein shall be borne by Alstom Holdings.
The Acquisition Agreement provides that Alstom will acquire Bombardier Transportation through its subsidiary, Alstom Holdings (a wholly owned subsidiary of the Company).