Alstom shares fall after Alstom's $6.7 billion Bombardier rail deal
Share:
PARIS (Reuters) - Alstom shares fell on Tuesday after Alstom agreed to buy the rail division of Canada's Bombardier for up to 6.2 billion euros (5.15 billion pounds), in a deal which could still face tough scrutiny from regulators and unions.Alstom shares were down 2% in early session trading."We believe shares will now remain range bound amid the capital increase and uncertainty during a lengthy anti-trust process," wrote analysts at JP Morgan, which cut its rating on Alstom to "neutral" from..