China CNR, CSR Said to Weigh Bombardier Train Unit Purchase

Chinese locomotive makers CSR Corp. and China CNR Corp. are considering the acquisition of a controlling stake in Bombardier Inc.’s train business, said a person familiar with the matter.

Deliberations are preliminary and the state-owned companies may decide not to proceed, said the person, who asked not to be identified because the information is private. Any deal to buy Bombardier’s rail operations would come after CNR and CSR complete their planned merger, the person said.