FRANKFURT, April 11 German industrial
conglomerate Siemens and Canada's Bombardier
are in advanced talks to combine their train
operations in a joint venture, a source close to the matter told
Reuters on Tuesday.
Siemens and Bombardier declined to comment on the news,
which was earlier reported by Bloomberg.
The deal, which Bloomberg said could come by the middle of
the year, would require clearance from antitrust authorities and
face potential opposition from unions.
(Reporting by Alexander Hübner; Writing by Arno Schuetze;
Editing by Georgina Prodhan)