Image Source: AsiaOne
Bombardier Announces Closing Date, Amended Terms for Sale of Aerostructures Business to Spirit AeroSystems Holding, Inc. GlobeNewswire October 26, 2020 All closing conditions have been met and the parties have agreed on an October 30, 2020 closing dateTotal transaction valued at ~ $1.2 billion1; cash proceeds now expected to be $275 millionSale supports Bombardier’s repositioning as a pure-play business jet company and further strengthens liquidityAll amounts in this press release are in U.S. dollars unless otherwise indicated.
Source: AsiaOne