The two companies have held preliminary talks about a rail deal in the past few months, said the people, who asked not to be identified because the discussions are private. Representatives for Alstom and Bombardier declined to comment.
Alstom rose as much as 2.1% in early trading in Paris Wednesday. Bombardier ended 5.7% higher in Toronto Tuesday, giving the company a value of C$3.18 billion ($2.43 billion).
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