Alstom / Bombardier - Not A Done Deal
EU antitrust regulators are not convinced
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July 2, 2020 - by Foo Yun Chee for reuters.com
BRUSSELS (Reuters) - French TGV high-speed train maker Alstom (ALSO.PA) is prepared to sell assets to secure early EU antitrust approval for its bid for Bombardier Inc's (BBDb.TO) rail division, people familiar with the matter said.
Alstom and Bombardier believe they have a strong case with few overlapping activities, even if EU antitrust regulators are not convinced by the concessions and instead opt to open a four-month long investigation, the people said.
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