Alstom shareholders approve $8.4B Bombardier Transportation deal
Combined company is expected to become the second-largest manufacturer of rolling stock.
Bombardier to get less than expected in railway division sale to Alstom
Selling price falls short of $11.13 billion by $467 million of the previously announced price.
Bombardier supports assets sale for EU approval of Alstom’s takeover
Canadian transportation company reaffirms the sale remains on track to close in the first half of 2021.
Bombardier investors flinch at sale of train division to Alstom, stocks drop
Concerned about pure business jet play; higher margins but the luxury industry is more volatile than rail.
Bombardier to sell train unit to France’s Alstom, shedding biggest division
Will focus on business jets as Alstom scales up amid rising competition from China’s state-owned CRRC.
Blocked Siemens and Alstom merger a win for Bombardier: analysts [UPDATED]
Deal could reduce competition in the signaling and high-speed train markets.