The continent-wide STOXX 600 index rose 0.6%, rebounding from last week's selloff triggered by geopolitical concerns as well as worries that the Federal Reserve will delay interest rate cuts. Greece's ATHEX index gained 2.0% after credit ratings agency S&P revised the country's outlook to "positive" from "stable".
The proceeds from the sale, net of expected tax and transaction costs, should amount to around 620 million euros. The deal is expected to close as soon as the summer, Alstom said, following regulatory approval. The transaction is part of Alstom's plan to reduce its debt by 2 billion euros, which will be revealed in detail on May 8.
In this article, we will take a look at the 20 countries with the highest railway passenger traffic in the world. If you would like to skip our discussion on the rail transportation market, you can go to the 5 Countries With The Highest Railway Passenger Traffic in The World. According to Research and Markets, […]