Ontario agency spurns Bombardier for France's Alstom
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Toronto
ONE of Bombardier Inc's biggest domestic customers spurned it for a French rival, adding to the Canadian company's woes days after it was assailed by major investors.
Ontario's transit agency placed a firm order with Alstom SA for 61 light-rail cars valued at 355 million euros (S$543 million) for the Greater Toronto area, the French company said in a statement on Friday. Alstom also builds cars for a light-rail line in Ottawa, the national capital.
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