Bombardier Inc.B

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  • Jul. 29, 2015, 2:19 PM
    • Bombardier (OTCQX:BDRBF +7.6%) says it is sticking with a tentative plan for an IPO of its rail business in Q4, and refutes an earlier report of merger talks with Siemens (OTCPK:SIEGY +0.2%) over the unit.
    • An IPO or sale of the rail unit would help Bombardier pare debt that ballooned to more than US$9B during development of the CSeries jet, which has been delayed by more than two years and is ~US$2B over budget.
    | Jul. 29, 2015, 2:19 PM
  • Jul. 29, 2015, 6:15 AM
    • Bombardier ([[BDRAF, OTCQX:BDRBF) may combine its train business with Siemens' (OTCPK:SIEGY) rail unit, sources told WSJ, stating that the Canada-based company is simultaneously preparing to float a minority stake of its transportation unit.
    • The news comes some months after Siemens downplayed the idea that it could combine its rail assets, which include trains, trams and signaling technology, with those of France's Alstom (OTCPK:ALSMY).
    | Jul. 29, 2015, 6:15 AM | 2 Comments
  • Jun. 29, 2015, 8:23 AM
    | Jun. 29, 2015, 8:23 AM | 1 Comment
  • Apr. 29, 2015, 8:48 AM
    • China's top two trainmakers, CSR (OTCPK:CSRGY) and CNR, are in discussions with Bombardier (OTCPK:BDRAF, OTCQX:BDRBF) about purchasing a controlling stake in its railway unit, Reuters reports.
    • Any deal to buy the Canadian company's train business would take place after CNR and CSR complete their planned $26B merger next month, the sources added.
    | Apr. 29, 2015, 8:48 AM
  • Jan. 26, 2015, 11:11 AM
    • CAE (CAE +1.1%) has agreed to acquire Bombardier's ((OTCPK:BDRAF -0.2%), (OTCQX:BDRBF +0.3%)) Military Aviation Training business for approximately C$19.8M.
    • The deal is expected to close in 2015.
    | Jan. 26, 2015, 11:11 AM | 1 Comment
Company Description
Bombardier is a world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services.