Bombardier: Will Alstom’s 2nd Attempt To Tie Up With a Major Competitor Succeed?
Hoping to conclude the deal around a year from now...
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April 2, 2020 - by David Briginshaw for railjournal.com
Alstom's plan to acquire Bombardier Transportation comes just a year after the failure of the merger between Alstom and Siemens. David Briginshaw considers what is different this time around.
ALSTOM's announcement on February 18 that it had signed a memorandum of understanding with Bombardier and pension fund Caisse de Dépôt et Placement du Québec (CDPQ) to acquire Bombardier Transportation was not a surprise as it ended weeks of speculation.
The two companies hope to conclude the deal around a year from now, provided they can...
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