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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 ...
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 ...
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 ...
Bombardier Transportation had many regional offices, production and development facilities worldwide. [4] [5] It produced a wide range of products including passenger rail vehicles, locomotives, bogies, propulsion and controls. In February 2020, the company had 36,000 employees, and 63 manufacturing and engineering locations around the world. [6]
Street's Western Stable Car Line (c. 1885–) Chicago, Illinois [9] Structural Steel Car Company (1902 – c. 1940) Canton, Ohio [9] Swissvale Car Company (1873 – c. 1885) Swissvale, Pennsylvania [9] Taunton Car Company (1869–1873) Taunton, Massachusetts [9] Tennessee Coal, Iron and Railroad
By 2010, it had received proposals from five suppliers, and on May 10, 2012, it awarded a $896.3 million contract to railcar manufacturer Bombardier (during delivery the company was bought by Alstom) with an order for 410 new cars, split into a base order of 260 cars and a first option order of 150 additional cars.
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 contract included options for up to 636 more cars. [15] The new multilevel cars are to replace NJ Transit's Arrow III EMUs, [15] and may replace the 29 older ALP-46 electric locomotives in the future. The maximum speed of the power cars is 110 mph. Alstom, which purchased Bombardier in 2021, will complete the order. [1]