Bombardier to supply, maintain 750 rail carriages for UK's South Western


Reuters

UPDATE 1-Bombardier to supply, maintain 750 rail carriages for UK's South Western


(Adds details)
    June 20 (Reuters) - Canadian plane and train manufacturer
Bombardier Inc <BBDb.TO> has signed a $1.14 billion contract to
supply passenger trains to the two new operators of Britain's
South Western rail franchise.
    Bombardier Transportation will sell and maintain 750
Bombardier Aventra rail carriages to Britain'sFirstGroup
<FGP.L> and Hong Kong'sMTR Corp <0066.HK>.
    FirstGroup, also operator of the Great Western franchise,
will run the Southern Western franchise - trains to London from
cities such as Bristol and Exeter - along with MTR from August
20.
    Bombardier will also enter a technical services and spares
supply agreement for the duration of the seven-year franchise,
with an option to extend it later, it said.
    Bombardier and Siemens <SIEGn.DE> have been identified in
recent media reports as holding talks to unite their rail
operations, although such a tie-up would be difficult because of
anti-trust concerns and questions over which company would
retain control of the combined venture. [nL8N1HJ4CH]
    ($1 = 0.7845 pounds)

 (Reporting by Rahul B in Bengaluru; editing by Louise Heavens
and Jason Neely)
 ((Rahul.B@thomsonreuters.com; UK: +44 20 7542 1810; Outside UK:
+91 80 6749 6338; Reuters Messaging:
rahul.b.thomsonreuters.com@reuters.net))

Keywords: BOMBARDIER CONTRACT/BRITAIN (UPDATE 1)



This article appears in: Stocks , Politics
Referenced Symbols: 0066 , FGP , SIEGN


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