"80 Goodmans lawyers ranked as top-tier in 31 areas of law." - Canadian Legal Lexpert Directory
Goodmans Deals & Cases

This section contains brief summaries of selected significant cases and transactions.  You'll also find representative lists  - by year - of major transactions and cases where Goodmans' involvement is a matter of public record or where inclusion in the list has been authorized by our clients.

Mitsubishi Heavy Industries Ltd. to acquire the Canadian Regional Jet program from Bombardier Inc.

2019

Areas Competition, Antitrust and Foreign Investment, Corporate and Commercial, Employment and Labour, Mergers and Acquisitions

Summary

Goodmans LLP is one of the Canadian counsel representing Mitsubishi Heavy Industries Ltd. (“Mitsubishi”) in connection with its agreement to acquire the Canadian Regional Jet (“CRJ”) Program from Bombardier Inc. for USD $550 million.

Under the terms of the agreement, Mitsubishi will pay USD $550 million in cash and assume approximately $200 million worth of debt and other liabilities. Mitsubishi will also take over the maintenance, support, refurbishment, marketing and sales activities for the jets, including services and support facilities in Montreal, Toronto, Bridgeport, West Virginia and Tucson, Ariz.