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Bombardier Inc (BBDa.TO)

BBDa.TO on Toronto Stock Exchange

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25 Jun 2019
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Bombardier exits commercial aviation with sale of regional jet business to Mitsubishi

Bombardier Inc said it will sell its money-losing regional jet business to Japan's Mitsubishi Heavy Industries Ltd (MHI) for $550 million in cash, in a deal marking the Canadian plane and train maker's exit from commercial aviation.

Secrets lawsuit to be dropped under Mitsubishi-Bombardier deal

A trade secrets lawsuit brought by Canada’s Bombardier against the aircraft unit of Mitsubishi Heavy Industries Ltd has been "stayed" or suspended and will be dropped when a deal for the Japanese company to buy Bombardier's regional jet program closes, Mitsubishi said on Tuesday.

UPDATE 7-Bombardier exits commercial aviation with sale of regional jet business to Mitsubishi

* Mitsubishi Heavy shares fall 1.5% (Adds Mitsubishi Heavy share reaction, analyst comment)

Bombardier exits commercial aviation with sale of regional jet business to Mitsubishi

Bombardier Inc said on Tuesday it will sell its money-losing regional jet business to Japan's Mitsubishi Heavy Industries Ltd (MHI) for $550 million in cash, in a deal marking the Canadian plane and train maker's exit from commercial aviation.

Secrets lawsuit to be dropped under Mitsubishi-Bombardier deal

A trade secrets lawsuit brought by Canada’s Bombardier against the aircraft unit of Mitsubishi Heavy Industries Ltd has been "stayed" or suspended and will be dropped when a deal for the Japanese company to buy Bombardier's regional jet programme closes, Mitsubishi said on Tuesday.

Secrets lawsuit to be dropped under Mitsubishi-Bombardier deal

June 25 A trade secrets lawsuit brought by Canada’s Bombardier against the aircraft unit of Mitsubishi Heavy Industries Ltd has been "stayed" or suspended and will be dropped when a deal for the Japanese company to buy Bombardier's regional jet programme closes, Mitsubishi said on Tuesday.

Deals of the day-Mergers and acquisitions

June 25 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:

Canada's pain Japan's gain, as Mitsubishi buys CRJ jet

PARIS/MONTREAL Japan's Mitsubishi, which agreed on Tuesday to buy Bombardier's loss-making regional jet program, plans to exploit the Canadian company's support network and global customer list to rejuvenate its delayed efforts to conquer the jet market.

Canada's pain Japan's gain, as Mitsubishi buys CRJ jet

PARIS/MONTREAL Japan's Mitsubishi, which agreed on Tuesday to buy Bombardier's loss-making regional jet programme, plans to exploit the Canadian company's support network and global customer list to rejuvenate its delayed efforts to conquer the jet market.

Bombardier to sell regional jet program to Mitsubishi for $550 mln

June 25 Canadian plane and train maker Bombardier Inc will sell its regional jet program to Japan's Mitsubishi Heavy Industries Ltd for $550 million in cash, the companies said on Tuesday.

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