by Josephine Cordero Sapién
09 Jul 2020
Alstom Bombardier acquisition
Suppliers AlstomBombardier Transportation
Alstom formally notified to European Commission in June 2020 of its intention to acquire Bombardier Transportation. Now it says it will submit commitments to the EC as part of that intention.
The French rolling stock manufacturer engaged in some preliminary discussions with the Commission, after which it has now announced its intention – in co-ordination with Bombardier Transportation and Caisse de depot et placement du Québec – to submit commitments in a move to allay any potential concerns the Commission may have.
Specifically, the commitments include:
These proposed commitments are of course subject to the Commission’s approval. Alstom still estimates that the acquisition date – the first half of 2021 – is on track.
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