Reuters exclusively reports Alstom to win EU antitrust okay for Bombardier deal

Reuters exclusively reported that Alstom is set to gain EU antitrust approval to buy Bombardier Inc’s rail business, a deal which will make the French rail maker the world’s second largest behind Chinese leader CRRC Corp. Alstom earlier this month offered to sell a French rail factory and a Bombardier commuter trains division and the related production facilities at its Hennigsdorf site in Germany.

Market Impact

Alstom shares bucked a negative market on July 28, gaining 1% on the news, which came out after the market closed on July 27.

Article Tags
Topics of Interest: Deals
Type: Reuters Best
Sectors: Equities
Regions: Europe
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
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