Newsletter Subscription


Monday, Jan 23, 2017


Bombardier Announces Definitive Agreement for the Sale of its Military Aviation Training Activities to CAE Inc.

Bombardier Inc. (TSX:BBD.A)(TSX:BBD.B)(OTCQX:BDRBF) announced today that it has reached a definitive agreement for the sale of its Military Aviation Training (MAT) activities to CAE Inc. This will enable Bombardier to further focus on its core business areas. The completion of this transaction is subject to the approval of all required governmental and regulatory authorities and other customary closing conditions. Total consideration is $19.8 million CAD and the completion of the transaction for the sale of MAT's activities is expected to close by year end.

Source : Bombardier Inc. - view original press release

Published on ASDNews: Jan 26, 2015

 

Land Forces Simulation & Training Conference

Feb 13 - 14, 2017 - London, United Kingdom

Register More info


Military Space Situational Awareness Conference

Apr 26 - 27, 2017 - London, United Kingdom

Register More info


© 2004-2017 • ASDNews • be the first to know • contact usterms & conditionsprivacy policyadvertisingfaqs

zpsk