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      财新传媒
      财新英文 > 要闻 > 正文

      France’s Alstom Buys Bombardier Railway Unit Amid Growing Chinese Competition

      2020年02月19日 20:07 来源于 财新网
      Acquisition of Canadian unit for $8.2 billion may allow company to compete with state-owned Chinese rival CRRC
      A Bombardier railcar assembly plant in Ciudad Sahagún, Mexico. Photo: VCG

      French rail firm Alstom SA is to take over the railway unit of Canada’s Bombardier Inc. in an $8.2 billion deal that could give it the scale needed to compete with its state-owned Chinese rival.

      Alstom said on Monday it has signed a memorandum of understanding with Bombardier that would see it pay up to €6.2 billion ($6.7 billion), in a mix of cash and stock, for the Bombardier Transportation unit. Bombardier said in a separate statement on the same day that, including Alstom’s assumption of the unit’s debt, the deal will cost a total of $8.2 billion.

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