# Alstom to acquire Bombardier rail business for €6 billion

French rail equipment company Alstom agreed to acquire the worldwide rail equipment business of Bombardier for about €6 billion, expected to close in the first half of 2021.

- Type: Acquisition
- Announced: 2020-05-06
- Where: France
- Value: $6.48B (6.00B EUR)
- Status: announced
- Products: rail equipment, permanent magnet motors, generators, electric buses
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Bombardier](https://endata.com/companies/2513.md) (target)
- [Alstom](https://endata.com/companies/3570.md) (acquirer)

## Sources

- [magneticsmag.com](https://magneticsmag.com/alstom-to-acquire-bombardier-rail-business-in-global-expansion-in-transportation-markets/), 2020-05-06: "Acquisition price will be about of €6 billion when the Alstom-Bombardier deal closes, expected to occur in the first half of 2021."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.