Caisse to buy stake in Bombardier's rail unit for $1.5 bln: Reuters

Bombardier Inc said that Québec's public pension fund manager is buying a 30 percent stake in its rail arm for US$1.5 billion, putting the company on stronger financial footing as it pushes to launch its long-delayed CSeries jet, Reuters reported. The cash infusion from the Caisse de dépôt et placement du Québec is the second funding deal Montréal-based Bombardier has made in recent weeks.

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