By Maya Nikolaeva and Allison Lampert, Reuters, Financial Post; February 12, 2020
PARIS/MONTREAL — Alstom’s board will meet late on Wednesday to discuss buying Bombardier’s rail unit, sources familiar with the matter said, and a media report said the French train maker had valued the business at just under US$7 billion.
French TV station BFM reported on its website that Alstom was set to make a firm offer for Bombardier’s Berlin-based rail division.