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

Updated : February 18, 2020 11:06 AM IST

The memorandum of understanding between Bombardier and Alstom was approved by both companies' boards.
The deal will be done majoritarily in cash, with a chunk paid in new Alstom shares.
Bombardier agrees $8.2 billion deal to sell rail unit to Alstom

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