Bombardier should consider deal with China’s CRRC: Caisse CEO

A Bombardier CSeries aircraft is pictured during a news conference to announce a partnership between Airbus and Bombardier on the C Series aircraft programme, in Colomiers near Toulouse
A Bombardier CSeries aircraft is pictured during a news conference to announce a partnership between Airbus and Bombardier on the C Series aircraft programme, in Colomiers near Toulouse, France, October 17, 2017. REUTERS/Regis Duvignau

November 1, 2017

TORONTO (Reuters) – Bombardier Inc <BBDb.TO> should look at all options for its transportation business including partnering with China’s state-owned CRRC <601766.SS>, one of Bombardier’s biggest shareholders said on Wednesday.

“I think we have to look at everything. Every opportunity that comes up ought to be looked at,” Caisse de depot et Placement du Quebec <601766.SS> Chief Executive Officer Michael Sabia told reporters when asked about a deal with CRRC.

(Reporting by Matt Scuffham; Editing by Jeffrey Benkoe)

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