RE:RE:RE:RE:Will the family do the right thing?Agree. CDPQ is the elephant in the room that has be adressed. They stand to gain another US $1 bln upon the closing of Alstom deal according to WSJ (to the tune of $2.5 bln total return of 70% on bbd investment) and , imo, would push bbd to accept the Alstom low ball terms . Shareholders got negative 75% .
Very shortsighted on CDPQ part. If it would not be for their greed and chokehold squeeze of bbd, they could have be a major positive force to get bbd over the hump and be profitable.
BBD got loan guarantees in Germany, it should help
https://www.mdr.de/sachsen/bautzen/bautzen-hoyerswerda-kamenz/buergschaft-summe-bombardier-100~amp.html
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pablo87 wrote: What I'm afraid of is if Alstom cancels the deal or formally asks for a better price, all heck will break lose. They should get ahead of that curve IMO (and maybe they have...).
bbdaerospacecnd wrote: Alstom sp is near record highs and BBd is near 35 year lows
alstom market cap : Eur $ 10.985 bln
bbd market cap: Eur $0.637 bln for both BT and BA (so it's appr Eur $0.320 bln for just BT)
and both rail companies have similar revenues .
The family should give up control in BT and partner with somebody . China would pay huge premiums for just one BBd subsidiary to get a foothold in Europe . BBd has operations in 60 countries , they could get value by streamlining
bbdaerospacecnd wrote:
Imo, the family could separate BT as a separate enterprise through partnerships. If the family gives up the control for BT then the interested parties (Hitachi, Siemens, China) could step in . Maybe BT could sell just individual subsidiaries in some countries to streamline their rail operations and focus on profitable zefiro platform for high speed trains and monorails.
BA would be untangled and become profitable. That would unlock the value for the shareholders.
the sp is controlled within 0.005 range by big players and I would not be surprised if Alstom is trying to squeeze BBd into acceptance of low ball offer
https://cincodias.elpais.com/cincodias/2020/08/11/opinion/1597140889_600625.html
flamingogold wrote: Remove Pierre Beaudoin as Chairman and from any executive decisions going forward. This would double the stock instantly.