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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 ...
In January 2021, Alstom acquired Bombardier Transportation, and thus Derby works. During early 2024, Alstom publicly called on the British government to place orders for a minimum of ten trains in order to prevent 1,300 job losses and a permanent loss of capability at the Derby site. In June, the orders were confirmed.
Metrolinx has ordered competing vehicle fleets from rivals Bombardier and Alstom to service Line 5 Eglinton. However, only one of the two fleets will be used on that line when it opens. To produce the vehicle order for Metrolinx, Alstom plans to build a plant in Brampton, Ontario that will create 100 to 120 full-time direct jobs. [31]
The Reichshoffen plant is also to produce hydrogen trains for the French Grand Est region. In July 2020, the French manufacturer Alstom announced that it was ready to sell the Alstom DDF plant in Reichshoffen, Alsace to CAF in order to finalise the takeover of Bombardier's railway activities. [4] [5]
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 ...
At 18 December 2015 the SNCB, Bombardier and Alstom concluded a contract to deliver up to 1362 bilevel rail cars of a new design. At the same time 445 cars were ordered obligatorily. [1] [2] The 65 motorized cars of this order are manufactured in Valenciennes by Alstom. Bombardier produces all the other cars in Bruges. The M7 cars shall be used ...