PLANT

News Transportation General
September 16, 2020  

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.

News Manufacturing Transportation General
July 10, 2020  

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.

News Aerospace Manufacturing General
February 19, 2020  

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.

News Manufacturing Transportation General
February 18, 2020  

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.

News Manufacturing Transportation General
February 7, 2019  

Blocked Siemens and Alstom merger a win for Bombardier: analysts [UPDATED]

Deal could reduce competition in the signaling and high-speed train markets.

News Manufacturing Transportation General
May 25, 2017  

Metrolinx appealing latest court loss over $770M contract with Bombardier

Judge ruled Ontario transit agency can’t cancel contract without going through dispute resolution

News Government Manufacturing Business Operations General Operations Production
January 13, 2016  

GE cutting up to 6,500 jobs in Europe

French government says cuts raise questions about the conglomerates pledge to create jobs following its massive Alstom acquisition.

News Energy Manufacturing Business Operations General Operations Production
November 3, 2015  

GE completes $10.6B acquisition of Alstom’s power division

Power and water division officials say the purchase will take advantage of complementary strengths in technology and global capability.

News Government Manufacturing General Sustainability
September 10, 2015  

France ends export subsidies for coal plants

It’s cleaning up its act before hosting UN climate talks.

News Energy Manufacturing General Sustainability
September 9, 2015  

EU clears GE takeover of Alstom’s power division

Sale based on the condition it sell parts of heavy duty gas turbines business

News Government Manufacturing General
June 23, 2014  

France to buy 20% stake in Alstom with GE bid

French government retains a say in jobs and decision-making.

News Manufacturing General
June 20, 2014  

Siemens, Mitsubishi sweeten Alstom bid

They’re hoping to derail GE’s $17 billion deal.

News General
June 12, 2014  

Mitsubishi, Siemens consider joint bid for Alstom units

They have separate plans for the assets acquired under the joint bid.