Credit: Bombardier
As expected, Bombardier has announced the closure of the sale of its rail business to French-based Alstom, with net proceeds of about $3.6 billion, including $600 million in Alstom stock shares. The company will use the proceeds to pay down debt. Proceeds were lower than expected because of lower...
Subscription Required
Bombardier Closes Sale Of Rail Division is published in The Weekly of Business Aviation, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to The Weekly of Business Aviation through your company? Login with your existing email and password.
Not a member? Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the business aviation community.
Related Content
