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

Sept 16 (Reuters) - French transport infrastructure company Alstom has lowered its offer price to acquire Canadian Bombardier Inc's 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.

(Reporting by Rachit Vats in Bengaluru; Editing by Shinjini Ganguli)

09/16/2020 14:13

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