Day: October 26, 2020

Bombardier Announces Closing Date, Amended Terms for Sale of Aerostructures Business to Spirit AeroSystems Holding, Inc.

All closing conditions have been met and the parties have agreed on an October 30, 2020 closing date Total transaction valued at ~ $1.2 billion1; cash proceeds now expected to be $275 million Sale supports Bombardier’s repositioning as a pure-play business jet company and further strengthens liquidity All amounts in this press release are in […]

PBC undertakes restructuring of workforce to bring transparency in line with PM’s vision

Pakistan Broadcasting Corporation has started restructuring of its workforce to ensure merit and bring transparency in the organization in line with the vision of Prime Minister Imran Khan.In the past, appointments in the organization were made without…