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Alstom/Bombardier consortium seal $1.2 bln French train deal

Published 2017-01-11, 07:07 a/m
© Reuters. Alstom/Bombardier consortium seal $1.2 bln French train deal
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PARIS, Jan 11 (Reuters) - An Alstom ALSO.PA and Bombardier BBDb.TO consortium has won a French train contract estimated to be worth 1.16 billion euros ($1.22 billion) for the consortium, the companies and French authorities said on Wednesday.

Alstom and Bombardier had been the only bidders left after rival CAF CAF.MC dropped out last year. contract will see the consortium - in which Alstom owns 70 percent and Bombardier 30 percent - work to supply commuter trains for the Paris region.

The part state-funded contract is worth 3.75 billion euros in total.

($1 = 0.9506 euros)

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