RE:RE:RE:RE:L'actif de La CaisseClub, The problem with the BT sale is the jet market is historically too volatile and too capital intensive to operate standalone not to mention if you carry a lot of debt. (I could not find a single successful case of a standalone aviation business - they are all conglomerates or have a big military component - Airbus is the closest and they've been heavily subsidized). So long term, BT has to stay with BA. Better for everybody (except Alstom). Step 2, how to bring the expensive debt down? It's $700M + 15% on $2B for CDPQ. It's unsustainable even if BA and BT were firing on all cylinders. Occam's razor says fix that. Now. Sorry but the sales commission to Bellemare I simply can't fathom...
clubhouse19 wrote: Pablo
I suggested before that the Alstom deal was not done yet as being an MOU.
That IMO now is more in doubt than it was before as here may be something that that the new CEO may have in his mind than just business jets.
Much water has gone under the bridge since Covid-19 and who knows what lies ahead for BT ?
I was also wondering, why would have Bellemare recived a commission for the sale if it is not finalized yet. I would think there would be a clause on the payment in case it did not go thru based on who would nix it.
pablo87 wrote: Yup - CDPQ cleans up the mess they (and the family) created. Plus this is so much better than selling to Alstom - keep ownership here in Canada, reduce Bombardier's debt NOW, no money from QC government needed, no equity needed thus no dilution. Less complicated solution than what I proposed just now. Its so obvious....
Micmar wrote: CDPQ devrait acheter BT au complet et Bombardier pourrait payer une partie de la dette comme prevu de cette facon le gouvernement aide Bombardier sans lui verser un seul dollars. CDPQ a les moyens d’attendre elle auras tout son argent.
naissance wrote: Au 31 dcembre 2019, CDPQ gre un actif net de 340,1 milliards de $ CA investi au Canada et l’tranger