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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 ...
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.
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.
In December 2021 Alstom announced plans to transfer the intellectual property and business activities associated with the Zefiro V300 to Hitachi Rail. This was a condition of Alstom's acquisition of Bombardier put in place by the European Commission in order to remain compliant with EU competition law.
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 ...
The maximum speed of the power cars is 110 mph. Alstom, which purchased Bombardier in 2021, will complete the order. [1] In October 2022, it was announced that NJ Transit will spend approximately US$8 million to replace the glazed polycarbonate windows on the entire fleet.
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 ...