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Alstom signs the takeover of Bombardier Transportation at a lower price

2020-09-16T15:10:56.561Z


The French railway manufacturer Alstom announced Wednesday the signing of the contract to acquire Canadian Bombardier Transport for a price revised downwards, " expected up to 5.3 billion euros ". The completion of the operation, which should give rise to the world's number two rail, is now " expected for the first quarter of 2021 ", said the French group in a press release. The initial range of


The French railway manufacturer Alstom announced Wednesday the signing of the contract to acquire Canadian Bombardier Transport for a price revised downwards, "

expected up to 5.3 billion euros

".

The completion of the operation, which should give rise to the world's number two rail, is now "

expected for the first quarter of 2021

", said the French group in a press release.

The initial range of the transaction was between 5.8 and 6.2 billion euros.

Source: lefigaro

All business articles on 2020-09-16

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