Oct 17, 2017

Airbus takes control of Bombardier CSeries in rebuff to U.S. threat | Reuters

Airbus SE (AIR.PA) agreed on Monday to buy a majority stake in Bombardier Inc's (BBDb.TO) CSeries jetliner program, grabbing control of a struggling competitor at the second attempt and giving the Canadian plane-and-train-maker an unexpected boost in its costly trade dispute with Boeing Co (BA.N).

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