Europe, France: Alstom offers French factory sale to clinch Bombardier deal

By Maya Nikolaeva and Sarah White, Reuters, Financial Post; July 9, 2020

PARIS — France’s TGV high-speed train maker Alstom on Thursday offered to sell a French rail factory and make other concessions to win European Commission approval for its planned purchase of Bombardier Inc’s transportation business.

The commitments also included selling Alstom’s Coradia Polyvalent – a range of regional trains – and divesting a Bombardier commuter trains division and the production facilities attached to that at its Hennigsdorf site in Germany.

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