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Bombardier Inc. T.BBD.A

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

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.


TSX:BBD.A - Post by User

Bombardier Inc.
Bullboard Posts
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Post by stockitnowon Oct 31, 2019 6:55am
140 Views
Post# 30290472

Belfast sold

Belfast sold Sale of aerostructures business supports Aviation transformation, refocuses on business aviation and strengthens liquidityExpected cash proceeds of $500 million(1)plus the assumptions of liabilitiesTransaction implies enterprise value to 2019E EBITDA multiple of approximately 10x https://www.globenewswire.com/news-release/2019/10/31/1938569/0/en/Bombardier-Announces-Definitive-Agreement-to-Sell-Aerostructures-Business-to-Spirit-AeroSystems-Holding-Inc.html
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