Bombardier Inc. T.BBD.A

Alternate Symbol(s): BDRAF | BDRBF | T.BBD.B | T.BBD.PR.B | T.BBD.PR.C | T.BBD.PR.D | BDRPF | BOMBF | BDRXF

Industrials Aerospace & Defense

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.

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Bombardier Inc.

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Post by anthony3on Feb 05, 2020 6:25am

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Post# 30644353

6.1- 6.9 billion US dollars could be obtained by Bombardier

Textron is in an ideal situation. They have money, and that would complement their wallets, ”said Ebrahimi.

Mr. Poirier estimates that between 6.1 and 6.9 billion US dollars could be obtained by Bombardier in the sale of its Aviation division. This money, he judges, should quickly be used to buy the 30% share of the Caisse de depot et placement in the Transport division, which should cost around 2.4 billion US dollars. The rest would reduce its net debt, which is currently just over $ 9 billion.

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