Alstom: Causeway Capital Management crosses the 10% threshold
This threshold crossing resulted from the acquisition of Alstom shares on the market.
In the same letter, the following declaration of intent was made: 'The acquisition of Alstom shares by Causeway Capital Management LLC (acting as a discretionary investment manager for various funds and managed accounts) is in the ordinary course of Causeway Capital Management's business as a portfolio management company'.
Causeway Capital Management states that it is not acting in concert with any third party and does not intend to take control of Alstom or to apply for a seat or seats on the board of directors for itself or others.
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