A lineup of major law firms including Cleary Gottlieb Steen & Hamilton and Freshfields Bruckhaus Deringer are advising on the €6 billion sale of transport giant Bombardier’s rail operations.
Alstom, the Paris-based maker of the TGV bullet trains, is set to take on the arm. The cash-and-stock purchase is subject to antitrust approval by European regulators; the EU’s competition directorate scuttled a proposed rail merger between Alstom and Siemens of Germany in 2019.
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