Bombardier agrees $8.2 billion deal to sell rail unit to Alstom

PARIS/MONTREAL (Reuters) - Canada's Bombardier said on Monday it had agreed to sell its rail division to France's Alstom for an enterprise value of $8.2 billion (£6.31 billion), as it focuses purely on business aviation and pays down debt. That price tag includes equity plus debt. The deal will be done majoritarily in cash, with a chunk paid in new Alstom shares, Bombardier and Alstom confirmed in separate statements. Bombardier said it would be receiving net proceeds of between $4.2 and $4.5..