Bombardier Strikes Final Train Sale Terms With Minor Price Cut

Challenger 350
Credit: Bombardier
Bombardier on Sept. 16 said it finalized terms of the sale of its train business to Alstom for $8.4 billion (€7.15 billion), including a $350 million price cut from the memorandum of understanding unveiled in February. The deal should net $4 billion to Bombardier, and likely provides a relief to the...

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