Bombardier Inc. T.BBD.A

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

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. > 585 million in Alstom shares

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Comment by HopefulJuanon Dec 02, 2020 10:15am

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Post# 32017324

RE:RE:RE:RE:585 million in Alstom shares

Alstom is a solid investment fortified by BBD's misfortunes. The future of mass transit is either nothing or immeasurable. More problems than BBD if it goes to zero.

I would like the new CFO to go long term on the shares providing they can manage the debt without having to sell. Alstom share price will have no impact on operations. It might be a nice stable investment play similar to McInnis Cement given some time.

clubhouse19 wrote: 500 million euros / 47.50 = 10.526315 million shares.

Today Alstom shares are trading at 45.75 euros...so less than what the deal was signed at.

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