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Bombardier Closes Sale of its Transportation business to Alstom.
Bombardier has entered into share purchase agreements with each of Lufthansa Technik AG and ExecuJet Aviation Group AG to acquire outstanding shares of Lufthansa Bombardier Aviation Services (LBAS) that it does not own. This transaction enables Bombardier to further expand its worldwide customer support footprint by establishing a wholly-owned service centre in Berlin.