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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 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 ...
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.
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.
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]
PARIS/MONTREAL (Reuters) - Shares of Alstom SA and Bombardier Inc fell on Tuesday after the French firm agreed to buy its Canadian rival's rail division for up to 6.2 billion euros ($6.7 billion ...
The Bombardier MOVIA C951 is the first generation electric multiple unit rolling stock in operation on the Downtown Line of Singapore's Mass Rapid Transit (MRT) system. The contract was won by Bombardier Transportation [6] (now Alstom) and the rolling stock was built by Changchun Bombardier Railway Vehicles (joint venture of Bombardier Transportation and CNR/CRRC Changchun).