Alstom confirms talks on potential $7 billion Bombardier deal
Share:
PARIS (Reuters) - French train maker Alstom has confirmed it is in talks on the possible acquisition of the train business of Canada's Bombardier , a potential $7 billion (5.37 billion pounds) deal that could help it build scale in the increasingly competitive rail sector.A deal could be important for Alstom, maker of the TGV bullet trains which speed between French cities such as Paris and Nice, as it looks to compete with China's CRRC Corp , the world's largest train maker.Alstom was blocked..