Report: Bombardier also exploring merger with Hitachi

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MONTREAL — While Bombardier remains in “active talks” with French-based Alstom over a merger of the companies’ rail equipment manufacturing, the Canadian firm has also approached Japan’s Hitachi about a possible deal, Reuters reports.

The Bombardier-Alstom talks were reported earlier this week by Bloomberg [see “Report: Bombardier, Alstom discussing combining rail units,” Trains News Wire, Jan. 22, 2020].

The manufacturing consolidation seeks to combat competition from China’s state-supported CRRC, the world’s largest manufacturer or rail equipment. A proposed Alstom-Siemens merger was blocked last year by regulators in the European Union. The Reuters report says Bombardier also approached Siemens, as well as a Chinese firm, but those options “failed to gain traction.”

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