French transport infrastructure company Alstom said on Monday it was in talks ov...
“Alstom confirms being in discussions with Bombardier regarding a possible acquisition of Bombardier Transportation by Alstom. Discussions are ongoing. No final decision has been made,” Alstom said in a statement.
A source familiar with the matter told Reuters on Sunday that Alstom was close to agreeing a deal to buy Bombardier’s train business, which will give the unit an enterprise value of $7 billion.
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France's Alstom set to buy Bombardier train unitFrench train giant Alstom SA has reached a preliminary deal to acquire Bombardier Inc.'s train business for more that $7 billion, according to people familiar with the matter. If terms are completed, the deal could be announced as early as Monday, according to these people. Paris-based Alstom is expected to acquire the business from Montreal-based Bombardier using mostly cash and some stock, according to these people.
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Alstom Reaches Preliminary Deal to Buy Bombardier Train UnitFrench train giant Alstom has reached a preliminary deal to acquire Bombardier’s train business in a deal that values the unit at more than $7 billion.
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Alstom nears deal to buy Bombardier's train unit: sourceFrance's Alstom SA is close to clinching a deal to buy Bombardier Inc'...
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Alstom nears deal to buy Bombardier's train unit: sourceFrance's Alstom SA is close to clinching a deal to buy Bombardier Inc'...
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