PARIS/MONTREAL -- France's Alstom has agreed to buy the rail division of Canada's Bombardier for up to $6.7 billion to create the world's No. 2 train manufacturer and better take on Chinese leader ...

Bombardier Transportation President Laurent Troger met with me in New York City recently. We talked about the division’s difficulties, the general state of the rail transit industry, the differences ...

Bombardier's rail business is likely better positioned than last year as the merger of Siemens and Alstom was shelved by E.U., at least for now.

French train maker Alstom's board will meet on Wednesday evening to decide on a possible offer for the rail business of Canada's Bombardier, a source familiar with the situation told Reuters.

With the divesture of its rail unit, Bombardier has pushed all its chips in on business jets, operations that include its facility in Wichita where it builds the Learjet business jet and now does ...

Alstom, which cut its offer for Bombardier rail in September 2020, said the price for the deal was established at 5.5 billion euros ($6.7 billion), at the bottom of a range of 5.5 billion to 5.9 ...

Montreal-based Bombardier and Caisse de dépôt et placement du Québec have completed the sale of Bombardier's rail transportation business to France’s Alstom.

Bombardier Inc would suffer "irreparable harm" to its global reputation if it loses a light train contract from a Toronto transportation agency, a senior company official said in recent court filings.

MONTREAL -- Bombardier Inc. unveiled an aggressive plan to streamline its sprawling rail-equipment division, including cutting 6,600 jobs, or 19% of the unit's work force, and shutting seven ...

Bombardier Inc., the embattled Canadian train and plane maker, is exploring a combination of its rail business with French rival Alstom SA, according to people familiar with the matter.

Bombardier Transportation The Bombardier Talent 3 is a hybrid electric passenger train, though its hybrid system is a little different than what you're probably thinking.

The deal gives Bombardier's rail unit an enterprise value - equity plus debt - of $8.2 billion, which would allow the Canadian firm to pay down some of its $9.3 billion in debt.