Quebec finalizes 49.5% Bombardier CSeries investment

Bombardier and the government of Québec have signed a “definitive agreement” under which Investissement Québec will invest $1 billion in the CSeries program in return for a 49.5% stake. In a statement issued June 23, Bombardier said the government will invest $1 billion in the program through two $500 million traches to be paid on June 30 and Sept. 1 (atwonline.com) More...