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Airbus in Advanced Talks to Acquire Bombardier Stake in A220 Program

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Airbus is in talks to acquire Bombardier's remaining 34% stake in the companies' A220 commercial-jetliner program, say people familiar with the matter

Airbus SE is in advanced talks to acquire Bombardier Inc.’s remaining stake in the two companies’ joint A220 commercial jetliner program, according to people familiar with the matter.

A deal for Bombardier’s 34% stake could be reached as early as next week, ahead of both companies’ earnings reports, the people said. The Quebec government, which holds a 16% stake in the program, is likely to retain that holding, according to one of these people.

 

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