11-19-2015, 08:19 AM
Caisse to buy stake in Bombardier rail business for $1.5-billion
Quote:Caisse de dépôt et placement du Québec is acquiring a 30-per-cent stake in Bombardier Inc.’s rail business for $1.5-billion (U.S.) in a move aimed at bolstering the manufacturer’s financial stability... The new company, with its own board headed by Bombardier chief Alain Bellemare, will hold all of the assets of Berlin-based Bombardier Transportation, the company’s rail division.