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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 ...
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 ...
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 ...
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.
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 passed to Alstom in 2021 when they purchased Bombardier. Alstom was awarded a $401 million, five-year contract in April 2023, with two five-year extensions possible. [ 5 ]
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 ...
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).