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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

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

Bullboard Posts
Post by CatamaranFundon Jul 10, 2020 11:25am
177 Views
Post# 31251644

Target July 31st - EU's Alstom Bid Tell All

Target July 31st - EU's Alstom Bid Tell All

Update on Bombardier Names New Managing Director For India; And In the News

07:53 AM EDT, 07/10/2020 (MT Newswires) -- Bombardier Inc. (BBD-B.TO) said Friday that its Bombardier Transportation unit appointed Rajeev Joisar as managing director for India. The company said Joisar will be responsible for the end-to-end mandate of business development and sales through to project execution and services. Joisar was a proven business partner for Bombardier for almost two decades.

 

Bombardier Transportation, which has around 1,500 employees in India, operates a railway vehicle manufacturing site and bogie assembly hall in Gujarat state and has been a long-time partner of Indian Railways.

This comes after The Canadian Press reported Thursday that Bombardier says it supports Alstom's commitments to sell some of the Canadian transportation company's railway assets to address potential regulatory concerns with Alstom SA's US$8.2-billion acquisition of Bombardier Transportation.

And, today, Reuters is reporting that European Union antitrust regulators have set a new deadline of July 31 to rule on Alstom's bid for Bombardier Inc's transport business after the French TGV high-speed train maker offered to sell assets to address competition concerns.

Price: 0.4250, Change: -0.0100, Percent Change: -2.30


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