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MHI to acquire Canadair Regional Jet program from Bombardier

Both industries announced today the definitive agreement

Mitsubishi Heavy Industries, Ltd. (MHI) and Bombardier Inc. announced today they have entered into a definitive agreement, whereby MHI will acquire Bombardier's regional jet program for a cash consideration of $550 million USD, payable to Bombardier upon closing, and the assumption by MHI of liabilities amounting to approximately $200 million USD. Under the agreement, Bombardier's net beneficial interest...

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Tokyo, Japan, 06/25/2019 17:13
AVIONEWS - World Aeronautical Press Agency

IndustryPlanes. Mitsubishi and Bombardier: agreed transaction to acquisition of CRJ program

To be operated under new name of MHI RJ Aviation Group upon 1, June, 2020

Mitsubishi Heavy Industries, Ltd. (MHI) and Bombardier Inc. (Bombardier) of Canada have agreed that all closing conditions have been met and the transaction pertaining to the acquisition of Canadair Regional... more

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