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Name | Symbol | Market | Type |
---|---|---|---|
Itochu Corp (PK) | USOTC:ITOCY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.39 | 0.37% | 106.67 | 104.94 | 106.92 | 106.75 | 104.80 | 105.59 | 32,817 | 21:02:09 |
Bombardier Inc. (BBD.B.T) said Friday it is part of a group that has received a $4.1 billion contract for a passenger-rail project in Australia.
The Montreal-based transportation giant said its share of the contract is valued at about $2.7 billion.
Bombardier will be responsible for supplying 75 electric multiple-unit trains, a new depot and maintenance for 30 years.
The other consortium members include infrastructure investor and asset manager John Laing (JLP.YY), Japanese trading firm ITOCHU Corp. (8001.TO) and U.K. investment-firm Uberior.
The Queensland government project, called New Generation Rollingstock, will upgrade and expand existing passenger train-fleet services in south-east Queensland.
Write to Judy McKinnon at judy.mckinnon@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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