Reuters
Bombardier says preparing for IPO of transportation unit stake
Bombardier a annoncé jeudi qu'il préparait la mise sur le marché d'une part minoritaire du capital de Bombardier Transport, sa division de matériel ferroviaire. L'opération devrait intervenir au cours du quatrième trimestre, sous réserve de conditions de marché favorables. /Photo d'archives/REUTERS/Darren Staples · Reuters
Reuters

May 7 (Reuters) - Canada's Bombardier Inc said on Thursday it was preparing for an initial public offering of a minority stake in its transportation unit, Bombardier Transportation.

The IPO is expected to take place in the fourth quarter, subject to market conditions, Bombardier said. The primary listing is likely to be in Germany.

(Reporting by Sneha Banerjee in Bengaluru; Editing by Robin Paxton)

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