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Stock Market & Financial Investment News

News Breaks
July 29, 2014
05:36 EDTBDRBFBombardier announces SNCF exercised option for 22 additional trains
Bombardier Transportation announced that SNCF has exercised an option for 22 additional Francilien commuter EMUs. The order, co-financed by STIF, the Ile-de-France transportation authority, and SNCF, is valued at approximately $218M. It is part of the initial 2006 contract with SNCF for up to 372 trains for the Ile-de-France. With this order, a total of 194 Francilien trains have been ordered. The 22 additional trains will be delivered by the end of 2016 and will be rolled out on SNCF Transilien lines H and K in order to complete the fleet modernization and continue to increase the level of passenger comfort and punctuality. At present, 136 Bombardier Francilien trains operate from the Paris stations Gare du Nord, Gare de L'Est and Gare Saint Lazare.
News For BDRBF From The Last 14 Days
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February 19, 2015
15:46 EDTBDRBFBombardier to issue C$750M of receipts exchangeable for Class B shares
Bombardier announced that it has entered into an agreement with a syndicate of underwriters, led by National Bank Financial, UBS, CIBC and Citigroup under which they have agreed to purchase on a bought deal basis from Bombardier and sell to the public in Canada 339,367,000 subscription receipts exchangeable for Class B shares of Bombardier. The purchase price of C$2.21 per Subscription Receipt will result in gross proceeds of approximately C$750M, or approximately C$863M if the underwriters' overallotment option is exercised in full.
15:30 EDTBDRBFBombardier trading halted, pending news

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