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Bombardier planning on selling rail division to Alstom

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jiml

Conductor
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Feb 27, 2019
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Somewhere in Southern Ontario
Alsom has completed the takeover of Bombardier Transportation...

Interesting. I wonder if the latter was so that the Canadian government would sign-off on the deal. 🤔

"Alstom now has stronger capabilities in European and North American markets, which represent approximately 75% of the Original Equipment Manufacturer (OEM) accessible market.

Alstom’s American headquarters will be based in Montréal, Québec, which will lead all operations in the region, as well as establishing a centre of excellence for design and engineering that will build on Québec’s strengths in innovation and sustainable mobility."
 
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