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Bombardier Inc.

09:49 AM EST - Bombardier Inc. : said its transportation division and CSR Nanjing Puzhen Co. Ltd. have signed an agreement to create a joint venture to develop and manufacture INNOVIA vehicles for urban and airport transit systems. Rapid urbanization and an increase in air travel have created a fast growing market for urban feeder systems and airport transit solutions in China. Bombardier Inc.
shares T.BBD.B are trading up $0.02 at $3.77.