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Bombardier pulls out of contention to buy Honolulu rail-car maker Ansaldo

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Canada's Bombardier, which lost the contract to build the trains for Honolulu's rail transit system, has taken itself out of contention to buy the AnsaldoBreda and Ansaldo STS units — which won the $1.4 billion Honolulu contract — from Italy's Finmeccanica. Reuters reports that multiple sources confirmed a report in an Italian newspaper that Bombardier, which, along with Hitachi of Japan, was seen as a likely buyer of the Ansaldo units, had not submitted an offer by a deadline set for the end… Reported by bizjournals 3 hours ago.

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