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Bombardier CEO not expecting short-term changes in rail division

Reuters  |  MONTREAL 

MONTREAL (Reuters) - Bombardier's Chief Executive Alain Bellemare said on Tuesday he will continue "assessing the competitive landscape," but doesn't expect a merger of two European rivals to drive big short-term changes in the Canadian company's rail division. The planned merger of France's Alstom SA and Germany's Siemens AG , with whom Bombardier had previously held consolidation talks, could create "opportunities moving forward," Bellemare said at a Goldman Sachs conference in Boston, without specifying further. "Short-term - one year, two years, three years, I don't see any change to ...

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First Published: Wed, November 15 2017. 01:57 IST