fbpx
Deals

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
Sign up for email updates

Subscribe
Sign up for email updates