Deals
Airbus Sees C Series Deal Closing as Early as Mid-Year
- Regulatory scrutiny of plan proceeding faster than expected
- Early approval would allow marketing push at Farnborough show
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Airbus SE’s deal to take a controlling stake in the Bombardier Inc. C Series jetliner program could be finalized by the time of the Farnborough Air Show this summer, according to people familiar with the matter.
Antitrust approval for the plan, which the planemakers had been seeking by the end of the year, is likely to come earlier than expected, according to the people, who asked not to be named as the regulatory procedures are private. The process has so far produced no issues whatsoever, one person said.