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ALSTOM India completes sale of transportation systems undertaking

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Capital Market

For a cash consideration of Rs 176.90 crore

ALSTOM India has announced that the Company completed the sale and transfer of its transportation systems undertaking to a group company ALSTOM Transport India as a going concern, on a slump sale basis, for a lump sum of not less than Rs 176.90 crore in cash, as enterprise value.

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First Published: Apr 01 2014 | 10:56 AM IST

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