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  • Bombardier Siemens rail Merger ?

  • For discussion of Bombardier Rail. Their official web-site is here: Bombardier Transportation
For discussion of Bombardier Rail. Their official web-site is here: Bombardier Transportation

Moderator: John_Perkowski

 #1427637  by DutchRailnut
 
https://www.bloomberg.com/news/articles ... operations" onclick="window.open(this.href);return false;

Siemens, Bombardier said in talks to combine train units
Bloomberg.com reports: "Siemens AG and Bombardier Inc. are in talks to combine their train operations, people familiar with the matter said, potentially creating a business that could better withstand rising competition from China.

The proposed joint venture, which could be worth at least 10 billion euros ($10.6 billion), would merge the firms’ train-making and signaling activities, said the people, asking not to be identified because the discussions are private. A deal could come by the middle of the year, one of the people said.

No final decisions have been made and any combination would require clearance from antitrust authorities and face potential opposition from unions, they said. Representatives for Siemens and Bombardier declined to comment."