BOMBARDIER

BOMBARDIER closed previously announced sale of its Transporation business to ALSTOM, repositioning company as a pure-play business jet manufacturer; deal resulted in net proceeds to Bombardier of ~$3.6b, including ~$600b in Alstom shares.

Subscription Required

 

BOMBARDIER is part of our SpeedNews subscription.

Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.

Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.