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BDRBF - Alstom: A Pricey Deal Filled With Uncertainties
October, 12 2020 12:45 PM
Bombardier Inc B
Alstom announced the signing of a definitive purchase agreement for BT at a slightly lowered EV. But the deal is far from straightforward, considering BT's project risks. The implied deal multiple could increase significantly should the disappointing 2019 results continue into the future. I am staying on the sidelines pending visibility into operating improvement and the resolution of project risks at BT. For further details see:
Alstom: A Pricey Deal Filled With Uncertainties
Stock Information
Company Name:
Bombardier Inc B
Stock Symbol:
BDRBF
Market:
OTC
Website:
bombardier.com
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