Siemens in tie up talks over rail with Bombardier
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Reuters Sep. 21, 2017, 08:22 AM
PARIS, Sept 21 (Reuters) - Shares in Alstom climbed 2.4 percent on Thursday after Bloomberg reported Siemens was said to be in talks with the French train maker as well as Bombardier Inc over consolidation of their rail activities, traders said.
Siemens declined to comment and officials at Bombardier Transportation in Berlin were not immediately available to comment. An Alstom spokesman said he had no immediate comment.