Bombardier Gets $1.5 Billion Caisse Deal, Drops Rail IPOBy and
Agreement adds to cash haul after Quebec's C Series rescue
Fund manager sees itself as ``a visible, vocal partner'
Bombardier Inc., draining cash from delays for its new jets, agreed to sell 30 percent of its rail business to Quebec’s pension fund manager for $1.5 billion instead of holding an initial public offering.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.