Alstom to buy Bombardier rail unit for up to $6.7 billion

February 17, 2020 by  
Filed under News

France’s Alstom said on Monday it had agreed to buy the train division of Canada’s Bombardier for up to 6.2 billion euros ($6.7 billion), in the latest bid by Western rail companies to bulk up in the face of Chinese competition.

Source: Reuters Business News

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