WSJ: Textron May Purchase Bombardier Business-Jet Unit



The Wall Street Journal reported that Bombardier is discussing the sale of its business jet unit to Textron, according to people familiar with the matter.

The Journal noted that this move aligns with Bombardier’s plan to cut back on its debt of $9 billion.

The talks, which have been ongoing for weeks, may not result in a deal, the Journal reported, according to the people.


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