RE:RE:RE:Bombardier win $940m Spanish high-speed rail contract!!! Bombardier VHS (very high speed ) rail is a jem , imo, in BT portfolio. This is what BBd has to transfer to Hitachi under Alstom deal. Sad. I wish BBd got partners, got debt refinanced and just divested some subsidiaries but kept VHS rail division and monorails.
"An advanced aerodynamic design that benefits from Bombardier’s aviation expertise ensures the trains run with an unprecedented degree of energy efficiency"
https://rail.bombardier.com/en/solutions-and-technologies/mainline/high-speed.html
stockitnow wrote: Yes it is but value of bombardier high speed rail divsion just went up so when it is divested it will bring in more money for Alstom. Either way Alstom loss the contract but walking away from not buying bombardier will weaken them further compared to stand alone bombardier rail. It doesn't matter if the unit that won the contract needs to be divested because new orders equal backlog which increases value of the division when its time to divest.
pablo87 wrote: Isn't this business required to be divested per EU?