Alstom nears deal to buy Bombardier's train unit: source

Bombardier, Divestiture, Mergers / Acquisitions / Takeovers, Content Produced In Bangalore, France, Transportation (Trbc), Aerospace / Defense (Legacy), Business Support Services (Trbc), Divestitures / Spin, Offs, Oil Related Services And Equipment (Trbc), Canada, Aerospace And Defense (Trbc)

Alstom nears deal to buy Bombardier's train unit: source

Bombardier, Divestiture

17.2.2020

Alstom nears deal to buy Bombardier 's train unit: source

France 's Alstom SA is close to clinching a deal to buy Bombardier Inc'...

BBDb.TO ) train business which will give the unit an enterprise value of $7 billion, according to a source familiar with the matter. An announcement could come as soon as Monday, the source said, adding a deal has yet to be signed. The Wall Street Journal, which first reported the news, said Alstom is expected to buy the business using mostly cash and some stock. 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 company, the WSJ report said. Bombardier declined to comment on the report and Alstom did not immediately respond to a request for comment. The Canadian plane-and-train-maker has been struggling to contain higher rail costs generated by a few problematic contracts in its nearly $36 billion order backlog. The deal would help Alstom compete more effectively against Chinese rail giant CRRC Corp Ltd ( Read more: Reuters Top News

Is the Israeli company listed by the UN that steals off Palestinian people not interested.. GFYs. intanto speriamo che imparino a collegare il rosso col rosso ed il nero col nero .. When the stock goes down 📉 all the money 💵 that was lost could of all gone to employees

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. It still faces massive EU scrutiny with Bombardier’s current Euro presence. The sale of their private jet holdings (Learjet & Chal­lenger) to the US buyer would’ve gone much faster. Alstom compro a Bombardier.

Alstom reaches preliminary deal to buy Bombardier train unit: WSJAlstom SA has reached a preliminary deal to buy Bombardier Inc's train busi... The darkieous want out? Buh bye Bombardier.

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. Alstom if you’re buying Bombardier just because you have too much money 💵 on hand why not reward employees ?

Alstom reaches preliminary deal to buy Bombardier train unit: WSJAlstom SA has reached a preliminary deal to buy Bombardier Inc's train busi... The darkieous want out? Buh bye Bombardier.

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. It still faces massive EU scrutiny with Bombardier’s current Euro presence. The sale of their private jet holdings (Learjet & Chal­lenger) to the US buyer would’ve gone much faster. Alstom compro a Bombardier.

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. Alstom if you’re buying Bombardier just because you have too much money 💵 on hand why not reward employees ?



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