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Alstom reduces offer price by $350 mln for Bombardier's rail unit

Published 2020-09-16, 10:13 a/m
© Reuters.
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Sept 16 (Reuters) - French transport infrastructure company Alstom ALSO.PA has lowered its offer price to acquire Canadian Bombardier Inc 's BBDb.TO rail business by $350 million, the companies said on Wednesday.

Under the revised terms, Alstom will acquire Bombardier Transportation for an enterprise value of $8.4 billion.

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