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Abstract

Alstom, the French multinational engineering group that is considered the world over as an icon of French technological prowess, is in deep trouble, burdened with huge debts. The French government bailed it out with a package of 3.4 billion euros. The case discusses the reasons in entirety that contributed toward the colossal downturn in the performance of the company. The case also discusses the efficacy of the French government''s bailout of a public limited company.
Location:
Other setting(s):
2003

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Abstract

Alstom, the French multinational engineering group that is considered the world over as an icon of French technological prowess, is in deep trouble, burdened with huge debts. The French government bailed it out with a package of 3.4 billion euros. The case discusses the reasons in entirety that contributed toward the colossal downturn in the performance of the company. The case also discusses the efficacy of the French government''s bailout of a public limited company.

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Location:
Other setting(s):
2003

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