Brand of Bombardier is seen at an workplace constructing in Zurich, Switzerland February 28, 2019. REUTERS/Arnd Wiegmann
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April 25 (Reuters) – Bombardier Inc (BBDb.TO) mentioned on Monday it will defend itself towards a request for arbitration by Alstom SA
Bombardier mentioned it obtained a discover from Alstom requesting arbitration earlier than the Worldwide Chamber of Commerce. Alstom is alleging that Bombardier is in breach of sure contractual provisions, the enterprise jet maker mentioned in an announcement.
Bombardier, which is to report quarterly earnings on Could 5, mentioned the proceedings may final a number of years.
Alstom was not instantly out there for remark.
French prepare maker Alstom purchased the Bombardier rail enterprise in January 2021 for five.5 billion euros.
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Reporting by Arunima Kumar in Bengaluru and Allison Lampert in Montreal; Enhancing by Krishna Chandra Eluri and Leslie Adler
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