Tuesday, June 26, 2007

Alstom does not rule out acquisitions in wind turbines, other activities

PARIS (Thomson Financial) - Alstom does not rule out making acquisitions in the wind turbine business, 'or in any other of the activities' in which it already operates, chief executive Patrick said at a presentation on the acquisition of Ecotecnica.

Alstom this morning announced it had signed an agreement to acquire Spanish wind turbine manufacturer Ecotecnica for 350 mln eur, in order to gain a foothold in the market for wind energy equipment.

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