Alstom confirms talks with Bombardier about possible acquisition

The French train-builder Alstom has confirmed that it is holding discussions about a possible acquisition of Bombardier Transportation.

The Canadian firm Bombardier has several sites in Britain, including the Litchurch Lane works in Derby.

In a short statement released this morning, Alstom said: “Alstom confirms being in discussions with Bombardier regarding a possible acquisition of Bombardier Transportation by Alstom.

“Discussions are on-going. No final decision has been made.

“Alstom will inform the public of any material developments in this respect.”

The news comes a year after the European Commission prohibited Siemens’ proposed acquisition of Alstom under the EU Merger Regulation.

At the time, the Commission said the merger would have harmed competition in markets for railway signalling systems and very high-speed trains. Neither party were said to have offered remedies sufficient to address these concerns.

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