21-09-2017 15:01 via montrealgazette.com

Siemens said to be in talks with Bombardier, Alstom on rail combinations

Siemens AG is negotiating with Alstom SA as well as Bombardier Inc. about potential rail combinations, giving the German engineering company two options to pursue consolidation in the industry, according to people familiar with the matter.
While Siemens has been negotiating for months with Montreal-based Bombardier about creating two rail joint ventures, it has more recently also been speaking to French rival Alstom about various tie-ups, said the people, who asked not b
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