Bombardier's recent woes suggest sell-off or breakup on the table, analysts say
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January 17, 2020 - by Alicja Siekierska for yahoo.ca
JP Morgan analyst Seth Seifman wrote in a note to clients that the strong language used by Bombardier in the news release Thursday suggests some urgency and "the potential to pursue strategic options, including a breakup and sale of all or part of the company."
How the company plans to accelerate the payment of its long-term debt, which analysts say is at more than US$9 billion, remains to be seen.
Given Bombardier has sold off numerous assets over the last several years, including most of its commercial aviation programs, it appears to have limited options...
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