The world's largest manufacturer of both planes and trains is working with banks on strategic options for its transportation arm, which provides rail vehicles, signaling and control equipment, the sources said on Friday.
Options would include possible a sale, full or partial of the business, as well as an initial public offering (IPO) to retain Bombardier's exposure to the healthier half of its business, three sources said, declining to be named since the matter is private.
(Additional reporting by by Robert Smith at IFR, Arno Schuetze in Frankfurt and Allison Lampert in Montreal; Editing by Sinead Cruise in London)
By Pamela Barbaglia, Freya Berry and Sophie Sassard