Commutee

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

Comments are closed.