(Source: Bloomberg, April 10, 2015)
NEW YORK — Bombardier Inc. may fetch as much as $5.4 billion if it decides to sell its rail unit, which has played a “stabilizing role” amid the struggles at the company’s aerospace business, according to AltaCorp Capital. Bombardier is discussing options with bankers about its rail business that could include a full or partial sale of the business or an initial public offering, Reuters reported, citing people familiar with the matter whom it didn’t identify.
Full story: Bloomberg