RE:Alstom -BTA deal like this (a desperate selling party in a weak global economy) with such a prolonged and conditional close puts the seller not only in a very weak position vis a vis the buyer but also in the marketplace - the competition - both transportation and aviation - must be having a field day.
Like I said (and I was lambasted for it by the usual suspects), there was a need for an interim step where a) BT was fully separated from BA and b) it was on a solid footing financially so that it didn't matter whether the deal with Alstom closed or not. It wasn't the time for the usual Bombardier hubris and CDPQ 15% bull~!@# but what can I say? Par for the course.
Global7500 wrote: Alstom Signals BBD Rail Arm Losses to Affect Takeover . What if Bombardier reported gains from BT ? Would Alstom have thought of reconsidering the deal ? ...i think they are just trying to get it for free as Airbus did with Cseries ..