| Siemens, Bombardier in early talks to merge rail business - WSJ | |
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FRANKFURT, July 29 (Reuters) - German engineering group Siemens and Canada's Bombardier are in early talks to merge their rail businesses, The Wall Street Journal reported on Wednesday, citing people familiar with the matter. The paper said Bombardier was also in talks with other possible partners. Both Siemens and Bombardier declined to comment on the report. The news comes some months after Siemens downplayed the idea that it could combine its rail assets, which include trains, trams and signalling technology, with those of France's Alstom . Bombardier outlined plans in May to list a minority stake in its rail unit, headquartered in Germany, as the train making sector consolidates to compete on major rail infrastructure projects across the globe. A merger with peers such as Germany's Siemens or France's Alstom could also be considered, sources familiar with the matter said at the time. (Reporting by Maria Sheahan; Additional reporting by Jens Hack in Munich; Editing by Victoria Bryan)
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Alstom
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CODE : ALO.PA |
ISIN : FR0010220475 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Alstom is based in France. Alstom is listed in France, in Germany and in United Kingdom. Its market capitalisation is €UR 3.3 billions as of today (US$ 3.6 billions, € 3.3 billions). Its stock quote reached its highest recent level on February 09, 2007 at €UR 98.98, and its lowest recent point on April 26, 2024 at €UR 15.14. Alstom has 219 127 000 shares outstanding. |