Bombardier begins selloff of recreational unit

Newswire

MONTREAL, April 28 (Reuters) - Bombardier Inc. began the process on Monday to divest its recreational products business -- including the famous Ski-Doo snowmobile brand that built the transportation giant. Bombardier said the recreational products division will be sold as a single entity as part of the major restructuring program it announced in early April when it unveiled a C$1 billion ($690 million) fourth-quarter loss, stemming in part from a slump in the aviation sector. ...

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