Bombardier, Siemens AG Said to Explore Two Rail Joint Ventures

Bombardier Inc. and Siemens AG are exploring options including two rail joint ventures as part of their planned train-equipment tie up, according to people familiar with the matter.
The companies are making progress on one joint venture for their rolling stock operations, which would be controlled by Montreal-based Bombardier, and another for signaling, in which Siemens would have a majority, said the people, who asked not to be identified because the talks are private. A deal could be reached i