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More talk of Bombardier foreign investment

Oct. 08, 2015 10:38 AM ETBombardier Inc. (BDRAF) Stock, BBD.A:CA StockBDRAF, BDRBFBy: Yoel Minkoff, SA News Editor
  • Canadian Liberal Party leader Justin Trudeau has confirmed his party is open to foreign investment in Bombardier ((OTCQX:BDRAF), (OTCQX:BDRBF +1.2%)) as long as it protects the country's interests.
  • Trudeau made the comments after he was asked whether a Liberal government would allow a Chinese firm to buy a majority stake in Bombardier's CSeries passenger jet program.
  • According to a Reuters source, the planemaker already approached an unnamed Chinese company but those discussions ended three to four weeks ago.
  • Related: Airbus, Bombardier end CSeries investment talks (Oct. 07 2015)

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