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Alstom Signs C$4.7 Bln Deal With VIA Rail For Long Distance Railway Fleet In Canada

Source: Nasdaq

Infrastructure & DefenseCompany FundamentalsCorporate Guidance & OutlookM&A & Restructuring

Alstom signed an agreement with VIA Rail Canada to design, engineer, manufacture, and support a new Long-Distance, Regional and Remote (LDRR) passenger fleet for services across Canada. The deal is a positive order/visibility catalyst, though the article provides no contract size or financial impact estimates.

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