BIG DEAL: CDPQ Invests in Bombardier’s Rail Transportation Business
Caisse de dépôt et placement du Québec (CDPQ) has engaged in a big transaction with Montreal-based Bombardier, a manufacturer of both planes and trains. CDPQ signed an agreement to invest C$ 1.5 billion into convertible shares of Bombardier Transportation (Investment) UK Ltd., a new holding company that owns the assets of Bombardier’s current Transportation business segment. CDPQ is investing in Bombardier’s cash cow – its rail division. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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