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Alstom board meeting to decide on bid for Bombardier rail business: Source

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French train maker Alstom's board will meet on Wednesday evening to decide on a possible offer for the rail business of Canada's Bombardier , a ...

PARIS: French train maker Alstom's board will meet on Wednesday evening to decide on a possible offer for the rail business of Canada's Bombardier, a source familiar with the situation told Reuters.

French TV station BFM reported earlier on its website that Alstom is set to make a firm offer for the Bombardier unit, valuing it at just under US$7 billion.

 

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