Mitsubishi Heavy Industries to acquire Bombardier's CRJ regional jet program for $550M

Mitsubishi Heavy Industries (MHI) agreed to acquire Bombardier's Canadair Regional Jet (CRJ) program for $550 million in cash plus assumption of $200 million in liabilities, including maintenance, support, sales activities and service centers in Canada and the US.

“This transaction represents one of the most important steps in our strategic journey to build a strong, global aviation capability.”mhi.com

• 2 sources
• mhi.comMitsubishi Heavy Industries to Acquire Canadair Regional Jet Program from Bombardier Inc. | Mitsubishi Heavy IndustriesJun 25, 2019
• primetals.comMHI, Primetals Technologies to Acquire ABP Induction SystemsJul 16, 2019

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