Business

Bombardier confirms plans for Transportation IPO

By 2015-05-07T14:44:00

Bombardier Transportation locomotive factory in Kassel.

BOMBARDIER: On May 7 President & CEO Alain Bellemare confirmed that Bombardier Inc is preparing for an initial public offering of a minority stake in its Transportation business, when he presented the group’s financial results for the first quarter ended March 31.

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