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Bombardier Inc. T.BBD.A

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

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

Bullboard Posts
Comment by pablo87on Oct 26, 2020 2:32pm
404 Views
Post# 31782528

RE:💰As per Spirit, valuation is now U$865M, from U$1,090M

RE:💰As per Spirit, valuation is now U$865M, from U$1,090M That's fair. However, the pension liability - which is not insignificant - is higher due to lower interest rates I believe (not an actuary).  Also, the terms of supply have been re-negotiated in favor of Bombardier, quantum of which is unknown.  Anyway, Spirit's problem now.

BestGoldigger wrote: "At signing on October 31, 2019, Spirit reported that the Acquisition had a total enterprise valuation of $1,090 million. The Amendment reduces the total enterprise valuation to $865 million." https://www.spiritaero.com/pages/release/bombardier-and-spirit-aerosystems-amend-terms-of-purchase-agreement-reduce-net-proceeds-purchase-price-to-275-million-and-expect-to-close-on-oc
t-30-2020


Bullboard Posts