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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 ...
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 ...
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.
The service uses a dedicated Acela Express trainset that was built by a consortium of Alstom and Bombardier between 1998 and 2001. [4] In August 2016, Amtrak announced a $2.4 billion loan from the United States Department of Transportation for the purchase of new high-speed train sets for the Acela service from Alstom.
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.
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 ...
270 3-car C20 Movia sets (810 cars) originally built by Kalmar Verkstad and Adtranz (later acquired by Bombardier), as well as one 3-car C20F Movia set built by Bombardier with "FICAS" technology. 96 4-car C30 Movia sets (384 cars) have been ordered to be used as 48 full-length trains on the Red line. The first units were delivered in mid-2018 ...