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Bombardier Inc sold its 3.1% stake in French rail giant Alstom SA for 506.2 million euros ($608.4 million) through a book building process to institutional investors, the Canadian business jet ...
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 ...
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]
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 ...
Adtranz was a multi-national rail transportation equipment manufacturer with facilities concentrated in Europe and the US. The company, legally known as ABB Daimler-Benz Transportation, was created in 1996 as a joint venture between ABB and Daimler-Benz to combine their rail equipment manufacturing operations.
] Later coaches were manufactured by Urban Transportation Development Corporation/Can-Car and, most recently, Bombardier. Alstom purchased Bombardier in 2021 and now owns the designs and manufacturing facility. There are more than 1,500 BiLevel coaches in service today, all of which have been built in Thunder Bay, Ontario.
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 ...
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).