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Bombardier to get $1 bln investment from Quebec

Published 2016-06-23, 06:05 a/m
© Reuters.  Bombardier to get $1 bln investment from Quebec
BBDb
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June 23 (Reuters) - Canadian aircraft maker Bombardier Inc
BBDb.TO said on Thursday the government of Quebec agreed to
invest $1 billion in its C series aircraft program.
The company said it would transfer the assets, liabilities
and obligations of the program to a newly created limited
partnership, in which Bombardier will hold a 50.5 percent equity
stake and Quebec the rest.

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