Bombardier negotiating sale of transportation division to Alstom
Bombardier has announced a strategic decision to focus exclusively on business aviation and plans to accelerate its deleveraging through the sale of its rail business.
“Going forward, we will focus all our capital, energy and resources on accelerating growth and driving margin expansion in our market-leading $7.0bn business aircraft franchise,” said Alain Bellemare, President and Chief Executive Officer...
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