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Bombardier Transportation was a Canadian-German rolling stock and rail transport manufacturer, with headquarters in Berlin, Germany. It was one of the world's largest companies in the rail vehicle and equipment manufacturing and servicing industry. Bombardier Transportation had many regional offices, production and development facilities worldwide.
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 ...
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.
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 Dandenong rolling stock factory was built by Commonwealth Engineering opening in 1954. [1] [2] In 1990, the plant was sold to ABB.[3] [4] It was included in the 1996 merger of ABB and the Daimler-Benz rail division, as Adtranz, [5] the 2000 takeover of Adtranz by Bombardier, [6] and the 2021 takeover of Bombardier by Alstom.
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 ...
BART was not alone with issues with Bombardier equipment. Before the Alstom deal, the company had seen declining profits largely caused by a series of major delays in delivering new fleets of trains (including the Flexity streetcars for Toronto and R179 subway cars for New York City) and reliability problems once trains were placed in service. [66]