Bombardier Inc. T.BBD.A

Alternate Symbol(s): BDRBF | T.BBD.B | T.BBD.PR.B | T.BBD.PR.C | T.BBD.PR.D | BDRPF | BOMBF | BDRXF | BDRAF

Industrials Aerospace & Defense

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.

TSX:BBD.A - Post by User

Bombardier Inc. > Alstom's spin

<< Previous

Bullboard Posts

Next >>

Comment by bbdaerospacecndon Sep 16, 2020 5:28pm

332 Views

Post# 31571585

RE:Alstom's spin

Net proceeds expected now up to €5.3 bn against a range of €5.8 - €6.2 bn previously agreed
Closing now expected in Q1 2021

so, bbd gets EUR $500 mln less than the previous floor of 5.8 bln.
That might take into account the negative net cash at BT now vs $1 bln in Feb
What are your thoughts?
How does it square with all the news that bbd gets $350 mln USD less in the firm deal and roughly $4 bln vs 4.2-4.5 bln previously

EUr 500=$590 USD

The numbers do not add up

pablo87 wrote: https://www.alstom.com/press-releases-news/2020/9/key-milestone-alstoms-acquisition-project-bombardier-transportation

Of note, CDPQ retains the 18%.

<< Previous

Bullboard Posts

Next >>

This junior mining stock offers billions in market exposure