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Siemens to decide within days on rail talks with Bombardier or Alstom: source
September 21, 2017 / 12:47 PM / 3 months ago

Siemens to decide within days on rail talks with Bombardier or Alstom: source

MUNICH (Reuters) - Siemens (SIEGn.DE) will decide within days whether to continue negotiations on a potential rail combination with either Canadian group Bombardier (BBDb.TO) or with French peer Alstom (ALSO.PA), a person close to the matter said.

    In a potential deal with Alstom, Siemens would transfer its rail operations to Alstom and become majority shareholder of Alstom, the source added.

    Reporting by Alexander Hübner; Writing by Arno Schuetze; Editing by Maria Sheahan

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