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Bullboard - Stock Discussion Forum 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... see more

TSX:BBD.A - Post Discussion

Bombardier Inc. > Norway's Central Bank
View:
Post by Bookworm28 on Mar 09, 2022 10:36pm

Norway's Central Bank

....does their opinion matter at this stage?
Comment by Bookworm28 on Mar 10, 2022 1:45am
...........according to Reuters' latest info, it doesn't look like it: "All the cases relate to bribes or suspicious transactions amounting to more than $100 million to win contracts for Bombardier's subsidiaries, it said. But it noted that Bombardier divested its transportation division, to which the majority of allegations of corruption had been linked, in 2021." .... and ...more  
Comment by Greenday on Mar 10, 2022 2:18am
@ Bookworm28 - The council that did the report is just an advisory body that does risk assements for the fund.  The fund managers will take the report under advisement but it's unlikely imo they would drop BBD from the fund based on the councils findings.  There's really nothing there except their opinion that BBD needs to strengthen it's anti-corruption protocols.  That ...more  
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