Bombardier Announces Definitive Agreement for the Sale of its Military Aviation Training Activities to CAE Inc.

Bombardier Inc. / Bombardier Announces Definitive Agreement for the Sale of its Military Aviation Training Activities to CAE Inc. . Processed and transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement. MONTREAL, QUEBEC--(Marketwired - Jan 26, 2015) - Bombardier Inc. (TSX: BBD.A) (TSX: BBD...
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New York, (informazione.it - comunicati stampa - scienza e tecnologia)

MONTREAL, QUEBEC--(Marketwired - Jan 26, 2015) - Bombardier Inc. (TSX: BBD.A) (TSX: BBD.B) (OTCQX: BDRBF) announced today that it has reached a definitive agreement for the sale of its Military Aviation Training (MAT) activities to CAE Inc. This will enable Bombardier to further focus on its core business areas. The completion of this transaction is subject to the approval of all required governmental and regulatory authorities and other customary closing conditions. Total consideration is $19.8 million CAD and the completion of the transaction for the sale of MAT's activities is expected to close by year end.

About Bombardier

Bombardier is the world's only manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.

Bombardier is headquartered in Montreal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America Indices. In the fiscal year ended December 31, 2013, we posted revenues of $18.2 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

Bombardier and The Evolution of Mobility are trademarks of Bombardier Inc. or its subsidiaries.

Contact Information

Contacts:
Bombardier Inc.
Isabelle Rondeau
Director, Communications
+514 861 9481

Bombardier Inc.
Shirley Chenier
Senior Director, Investor Relations
+514 861 9481
www.bombardier.com

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