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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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AVIONEWS - World Aeronautical Press Agency
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