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Airbus likely to acquire Bombardier's remaining stake in A220 passenger jet -sources

An Airbus A220 passenger jet stands in the final assembly line, where the European company
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MONTREAL/PARIS (Reuters) - Europe's Airbus SE is likely to acquire Canadian plane and train maker Bombardier Inc's remaining stake in the A220 passenger jet program, two industry sources said.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. Barring surprises, a deal is expected next week..
Date Published: Feb 07, 2020
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