Business

CDPQ to buy 30% stake in Bombardier Transportation for US$1·5bn

2015-11-19T12:20:00

Bombardier Transportation's Kassel plant.

BOMBARDIER: A definitive agreement for pension and insurance fund investor Caisse de dépôt et placement du Québec to make a US$1·5bn investment in a new holding company for Bombardier Transportation was announced on November 19. The transaction values Bombardier Transportation at US$5bn, and subject to regulatory approval is expected to ...

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