Mergers and acquisitions Archives - Page 12 of 19 - International Railway Journal

Mergers and acquisitions

February 18, 2020 | Financial

Alstom agrees terms to acquire Bombardier Transportation

ALSTOM has signed a memorandum of understanding with Bombardier and pension fund Caisse de Dépôt et Placement du Québec (CDPQ) to acquire Bombardier Transportation, ending weeks of speculation about a proposed tie up between the two railway equipment manufacturers.

February 17, 2020 | Financial

Alstom confirms Bombardier Transportation acquisition talks

ALSTOM has finally confirmed that it is in discussion with Bombardier regarding the purchase of Bombardier’s Transportation rail division.

February 14, 2020 | Financial

Bombardier revenue drops as Alstom merger rumours gather pace

BOMBARDIER released its consolidated full year results on February 13, confirming a 7% drop in revenue for the Transportation division from $US 8.9bn in 2018 to $US 8.2bn in 2019, the day after the board of Alstom reportedly met to discuss a potential takeover deal for its rival.

January 23, 2020 | Financial

Bombardier and Alstom believed to be in merger talks

EXPLORATORY discussions are believed to be underway regarding a proposed merger between Bombardier Transportation and Alstom according to a report by Bloomberg on January 21.

December 31, 2019 | Freight

Sale of Genesee & Wyoming to Brookfield and GIC completed

THE sale of international freight railway operator Genesee & Wyoming (G&W) to affiliates of Brookfield Infrastructure and GIC was completed on December 30.

September 27, 2019 | High-speed

Eurostar-Thalys merger proposal revealed

PLANS to merge northwestern Europe’s two high-speed operators, Eurostar and Thalys, have been presented to the boards of their owners French National Railways (SNCF), Belgian National Railways (SNCB) and Patina Rail under the name Green Speed.

March 18, 2019 | Financial

RZD sells stake in freight operator Refservice

RUSSIAN Railways (RZD) has completed the sale of a controlling stake in freight subsidiary Refservice, which specialises in transporting perishable goods, to RegionTransServis.

March 11, 2019 | News

Rail Alliance and University of Birmingham join forces

BRITAIN’s Rail Alliance and Birmingham Centre for Railway Research and Education (BCRRE) announced on March 11 the formal integration of the two organisations to provide a combined service offer to the country’s rail industry.

March 7, 2019 | Financial

BLS Cargo takes over Crossrail

SWISS freight operator BLS Cargo has signed an agreement to acquire 100% of the Belgian freight operator Crossrail from the international logistics service provider Rhenus. The deal, which was signed on March 5, has been backdated to January 1, and is subject to approval by the competition authorities. The purchase price has not been revealed.

March 5, 2019 | Financial

Unipart Rail acquires Westcode UK and Westcode Incorporated

UNIPART Rail acquired 100% of the share capital of Westcode UK and Westcode Incorporated on March 1.

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