Airbus likely to acquire Bombardier's remaining stake in A220 passenger jet - sources
Share:
MONTREAL/PARIS (Reuters) - Europe's Airbus SE is likely to acquire Bombardier Inc's remaining stake in the A220 passenger jet program, two industry sources said on Friday.A deal for Airbus to buy the 33.58% share in the program was widely expected after Bombardier said in January it was reviewing the stake in the joint venture. While a deal is not finalised, it is expected as soon as next week, ahead of both companies' earnings on Feb. 13, the sources added. Airbus and Bombardier both declined..