Alstom takeover of Bombardier approved by EU regulators

Alstom takeover of Bombardier approved by EU regulators

The proposed takeover of train-maker Bombardier Transportation by French rival Alstom can go ahead after being approved by EU regulators, subject to conditions.

The decision by the European Commission means the deal, valued at more than six billion euros, can proceed.

Back in February, the parent company of Bombardier Transportation, which has its UK train-making factory in Derby, confirmed it…

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