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Restructuring / Turnaround Strategies Case Study




Case Title:
Restructuring Initiatives at Alstom
Publication Year : 2003
Authors: Sunil, T Phani Madhav
Industry: Engineering, Electrical and Electronics
Region:France
Case Code: RTS0002
Teaching Note: Not Available
Structured Assignment: Not Available
Abstract:
Alstom, the French multinational engineering group that is considered a global 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.
Pedagogical Objectives:
- To discuss the reasons that contributed to the colossal downturn at Alstom
- To discuss the efficacy of the French government's bailout of a public limited company.
Keywords : Alstom; Government bailout; Restructuring Alstom; Alstom's financial troubles; EU Commission; EU competition laws; France; Layoffs; Patrick Kron; Turnaround; Alstom's bailout; Turnaround specialist; French Government and Alstom; French engineering company; Alstom Power Distribution; Restructuring / Turnaround Strategies Case Studies
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