Apr 11, 2017

Bombardier and Siemens 'in train deal talks'

The proposed deal would firmly establish them as the world's second biggest train maker, Reuters and Bloomberg reported. The impact from a deal would be felt beyond the Bombardier and Siemens' home markets of Canada and Germany respectively. Bombardier's rail unit employs 3,500 staff in the UK and has built trains for operators including London Underground, Greater Anglia and Scotrail. Siemens employs 700 train workers in the UK and its contracts include supplying the new Eurostar trains. The BBC is yet to receive a comment from Siemens or Bombardier, but both firms declined to comment when contacted by news agencies.

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