Alstom confirms it is in talks to acquire Bombardier Transportation

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Alstom has confirmed Monday it is in talks with Bombardier about the possible acquisition of Bombardier Transportation.

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"Discussions are on-going. No final decision has been made," the French company said in a short statement. "Alstom will inform the public of any material developments in this respect."

 

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Didnt they just get a huge buyout

Didn't Alstrom build the lemon trains that Ottawa uses for the LRT?

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Bombardier to sell train unit to French rail giant AlstomSale allows manufacturer to pay down debt as it turns its focus solely to private business aircraft globebusiness We get all our bailout money back then globebusiness Is there anything left of this company? globebusiness Ah finally we'll get a train that works. On another note when are they filing chtr 11?
Source: globeandmail - 🏆 5. / 92 Read more »