PARIS (Reuters) - The French state said on Monday it could acquire more shares in Alstom (PA:ALSO) if it so wished from Bouygues (PA:BOUY) after reaching a deal with the French construction group.
It said the agreement with Bouygues allowed the state to exercise its voting rights equal to 20 percent of Alstom's share capital.
"The state will have a series of options allowing it to buy, if it wishes, the shares actually lent by Bouygues," the French economy ministry said in a statement.