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Alstom's bid in February of up to 6.2 billion euros ($7 billion) for Montreal-based Bombardier's rail business has faced scrutiny from EU antitrust authorities, which have been expected to demand ...
PARIS/MONTREAL (Reuters) - France's Alstom SA has agreed to buy the rail division of Canada's Bombardier Inc for up to 6.2 billion euros ($6.7 billion) to create the world's No. 2 train ...
Quebec pension giant Caisse de dépôt et placement, which owns a 32.5% stake in Bombardier's train unit, has agreed to sell its stake to Alstom and buy a minority stake in the combined train ...
By 2018, Bombardier slipped to become the 3rd largest rail-equipment manufacturer in the Western World and fourth globally, eclipsed by CRRC, Siemens and Alstom. [ 48 ] [ 49 ] [ 50 ] Between mid-2018 and late-2019, Bombardier started selling off many of its commercial aviation assets, notably selling the CSeries to Airbus .
During 2001, the works became part of Bombardier Transportation. After the closure of Alstom's Washwood Heath plant in 2005, Derby works became the only passenger rolling stock manufacturer in the UK. [1] [2] During mid-2011, Bombardier announced it was to cut 1,400 out of the 3,000 jobs at Derby. In November 2019, following the awarding of ...
The Double-deck Coach is a bilevel passenger railcar currently manufactured by Alstom, which acquired Bombardier Transportation in 2021 (and before that by Adtranz and DWA/Waggonbau Görlitz) used by various European railways and Israel Railways. The current generation of double-deck coaches can be run at speeds up to 200 km/h (125 mph).
In February, the French TGV high-speed train maker Alstom agreed to buy the rail division of Bombardier for up to 6.2 billion euros ($6.7 billion) in a cash-and-shares deal aimed at creating the ...
The first units were delivered by Bombardier in 2006 for New Jersey Transit and Montreal's Exo. Over 643 have been delivered in various orders, including a later purchase by Maryland's MARC. NJ Transit later ordered an additional 113 cars in 2021 from Alstom, which purchased Bombardier.