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Alstom, Bombardier shares fall after $6.7 billion rail deal

Alstom, Bombardier shares fall after $6.7 billion rail deal

Shares of Alstom SA and Bombardier Inc fell on Tuesday after the French firm agreed to buy its Canadian rival's rail division for up to 6.2 billion euros ($6.7 billion), a deal likely to draw scrutiny from competition regulators and unions concerned about job cuts.