Bombardier Inc. Lists its Shares on the Frankfurt Stock Exchange.MONTREAL--(BUSINESS WIRE)--Sept. 3, 1998--Bombardier Inc. (ME:BBD BBD In currencies, this is the abbreviation for the Barbados Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. .A.) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :BBD.A.) (ME:BBD.B.) (TSE:BBD.B.) announced today that its Class B Shares (Subordinate Voting) will begin trading with official quotation on the Frankfurt Stock Exchange Frankfurt Stock Exchange The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS. (amtlicher Handel), the primary market segment of this stock exchange. Trading starts as of today under the symbol BBDd.F. The decision to list Bombardier shares on this major stock exchange in Germany and in one of the financial capitals of the European Economic Union is warranted by the Corporation's growing presence in Europe. With the listing of Bombardier shares on the Frankfurt Stock Exchange, it will be easier for our shareholders in Germany and other European countries to trade our shares , stated Bombardier's Executive Vice President, Strategy and Corporate Affairs, Dr. Yvan Allaire who was representing the Corporation at the listing ceremony held today at the Frankfurt Stock Exchange. With the recent acquisition of Deutsche Waggonbau AG (DWA DWA DreamWorks Animation (stock symbol) DWA Domino Web Access DWA Desert Water Agency (US) DWA Data Warehouse Administrator DWA Designated Waiting Area DWA Dynamic Wavelength Allocation ), Bombardier has reinforced its position as a major manufacturer of passenger rail vehicles Rail vehicles are vehicles capable of rolling on rail tracks. This includes:
Northern Ireland Part of the United Kingdom of Great Britain and Northern Ireland occupying the northeastern portion of the island of Ireland. Area: 5,461 sq mi (14,144 sq km). Population (2001): 1,685,267. , Bombardier Aerospace is a major European manufacturer of aerostructures. The Bombardier workforce in Europe of 17,000 employees accounts for more than one third of the Corporation's total employment. Europe is a major market for Bombardier products, with sales in the last fiscal year of $2.2 billion Canadian dollars, an amount which will significantly increase this year with the consolidation of DWA revenues. Bombardier Inc.'s Class B shares are also traded on the Montreal and Toronto stock exchanges Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. in Canada and Brussels in Belgium. Bombardier Inc. is a Canadian corporation engaged in design, development, manufacturing and marketing activities in the fields of aerospace, rail transportation equipment and recreational products. It also provides financial services and services related to its products and core competencies. The Montreal-based corporation operates plants in Canada, the United States, Mexico, Austria, Belgium, the Czech Republic, Finland, France, Germany, Switzerland and the United Kingdom, employing 47,000 people. Bombardier's revenues for its fiscal year ended January 31, 1998, totalled 8.5 billion Canadian dollars, and more than 88 percent of its revenues are generated in markets outside Canada. A photograph will be available on Canadian Press. CONTACT: Bombardier Inc. Michel Lord, 514/861-9481 http://www.bombardier.com |
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