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Business

British court dismisses Alstom's complaint against Eurostar

Text by News Wires

Latest update : 2010-10-29

The High Court in London has dismissed French Alstom's bid to block the purchase of Siemens trains by Eurostar. The judge said that Alstom did not have a "serious case."

AFP - French engineering giant Alstom failed on Friday in a court bid to prevent cross-Channel train operator Eurostar from buying trains made by its German rival Siemens.
  
Judge Geoffrey Vos said in his ruling at the High Court in London: "I dismiss Alstom's application."
  
Alstom, which makes French high-speed TGV trains, filed the complaint in London, where Eurostar is based, to attempt to force the suspension of a deal for 10 high-speed trains worth around 600 million euros (835 million dollars).
  
The judge said Alstom did not have a "serious case" and that granting a suspension "would be against the public interest."

Date created : 2010-10-29

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