French government to ensure Alstom-Bombardier deal creates value -minister

The French government will make sure the acquisition of Bombardier's train business by Alstom creates value for the European rail industry and the staff of both companies, Finance Minister Bruno Le Maire said on Monday.

Le Maire also said in a statement that the planned deal will be submitted to antitrust regulators for approval.

Canada's Bombardier agreed on Monday to sell its rail division to France's Alstom for an enterprise value of $8.2 billion.