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Sunday, September 20th, 2020

Daily Archives: September 16, 2020

Bombardier and Alstom Sign Definitive Agreement for Sale of Transportation Business

Sale based on enterprise value of $8.4 billion (EUR 7.15B), reflecting a post-MOU $350M (€300M) price reduction, offset by positive foreign currency impact Net proceeds to Bombardier expected to be ~$4.0B at closing Closing now expected in the first quarter of 2021, subject to customary closing conditions and remaining regulatory approvals All amounts in this […]

Bombardier and Alstom Sign Definitive Agreement for Sale of Transportation Business

Sale based on enterprise value of $8.4 billion (EUR 7.15B), reflecting a post-MOU $350M (€300M) price reduction, offset by positive foreign currency impact Net proceeds to Bombardier expected to be ~$4.0B at closing Closing now expected in the first quarter of 2021, subject to customary closing conditions and remaining regulatory approvals All amounts in this […]

Bombardier and Alstom Sign Definitive Agreement for Sale of Transportation Business

Sale based on enterprise value of $8.4 billion (EUR 7.15B), reflecting a post-MOU $350M (€300M) price reduction, offset by positive foreign currency impact Net proceeds to Bombardier expected to be ~$4.0B at closing Closing now expected in the first quarter of 2021, subject to customary closing conditions and remaining regulatory approvals All amounts in this […]