FRENCH heavy engineer Alstom has announced a £2bn rescue package backed by the French Government.
The power and transport conglomerate, which is wilting under a £3.4bn debt mountain, said it had negotiated a deal under which the government would take a 31 per cent stake in the group.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereComments are closed on this article