RE:RE:RE:RE:RE:RE:If I was Buffett, I would grab BA and Piaggio ! Stockit, don't get stuck on that part of my argument. The structure I suggested gets BBD near as much money as Alstom, they get it in the immediate term to take advantage of long term debt under par, retains long term upside, retains optionality on retaining counter cyclical nature of BA-BT operating under the same umbrella via vendin, retain ownership of BT locally and improve ROI for CDPQ. The entire premise of the Alstom deal is the FUD that they can't compete with Siemens and CRRC. Thats speculation - we don't know that with absolute certainty, its not like sales are going down 10% a year (well they did in 2019 but for known reasons). If its better managed for the long term (ie no dividend or CDPQ VC dumba target scheme) and invested in as opposed to money sucked out, my money is that it will be worth more in 3 years than it is now. I think we should find out instead of panic selling. Personally, I cannot see how an Alstom deal is better for QC, BBD or CDPQ for that matter than my suggestion.