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Bombardier and Alstom Confirm Receipt of All Necessary Regulatory Approvals to Complete Bombardier Transportation Sale to Alstom

Bombardier and Alstom Confirm Receipt of All Necessary Regulatory Approvals to Complete Bombardier Transportation Sale to Alstom

MONTRÉAL, Dec. 1 (Korea Bizwire) — Bombardier (TSX: BBD.B) and Alstom announced today that all necessary regulatory approvals required to complete the sale of Bombardier Transportation to Alstom have been received. Bombardier and Alstom now expect the transaction to close on January 29, 2021. About Bombardier With over 52,000 employees across two business segments, Bombardier [...]

Bombardier and Alstom Sign Definitive Agreement for Sale of Transportation Business

Bombardier and Alstom Sign Definitive Agreement for Sale of Transportation Business

MONTREAL, Sept. 16 (Korea Bizwire) — Bombardier (TSX: BBD.B) today announced that it has signed a definitive Sale and Purchase Agreement (SPA), with Alstom SA and the Caisse de dépôt et placement du Québec (“la Caisse”) for the sale of its Transportation business to Alstom. Under the SPA, Bombardier and la Caisse will sell their interests in Bombardier Transportation [...]

European Commission Clears Alstom’s Acquisition of Bombardier Transportation

European Commission Clears Alstom’s Acquisition of Bombardier Transportation

MONTRÉAL, July 31 (Korea Bizwire) — Bombardier (TSX: BBD.B) and Alstom welcome the European Commission’s decision for conditional clearance of the proposed acquisition of Bombardier Transportation by Alstom. The Commission’s approval for the transaction is conditional on certain proposed engagements that consist of: A transfer of Bombardier Transportation’s contribution to the V300 ZEFIRO very high-speed train and [...]

Bombardier Confirms Support for Commitments Announced by Alstom as Part of Bombardier Transportation Acquisition

Bombardier Confirms Support for Commitments Announced by Alstom as Part of Bombardier Transportation Acquisition

MONTRÉAL, July 9 (Korea Bizwire) — Bombardier (TSX: BBD.B) confirmed its support of the commitments announced by Alstom earlier today to address potential concerns raised by the European Commission in relation to Alstom’s acquisition of Bombardier Transportation, including the disposition of certain assets currently held by Bombardier Transportation.  Commitments to be submitted to the European [...]

Bombardier Announces its Strategic Decision to Focus on Business Aviation and its Intent to Accelerate Deleveraging Through Sale of Transportation Division to Alstom

Bombardier Announces its Strategic Decision to Focus on Business Aviation and its Intent to Accelerate Deleveraging Through Sale of Transportation Division to Alstom

All amounts in this press release are in U.S. dollars unless otherwise indicated. Amounts in EUR are converted to USD at an 1.1 exchange rate. MONTRÉAL, Feb. 17 (Korea Bizwire) — Bombardier (TSX: BBD.B) today announced that it has made the strategic decision to focus exclusively on business aviation and plans to accelerate its deleveraging [...]