TOKYO -- Mitsubishi Heavy Industries said Thursday that it will formally acquire Bombardier's regional jet program on June 1, nearly a year after the deal was first announced, but said it will likely write down the entire value of the acquisition.
Aerospace & Defense Industries
Mitsubishi to finalize Bombardier regional jet deal on June 1
Acquisition to lay groundwork for SpaceJet in US despite expected write-down
Mitsubishi Heavy Industries is laying the groundwork for its SpaceJet program in the U.S. and Europe. (Source photos by Reuters)
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