We are pleased to welcome CDPQ as a new long-term shareholder. We will also further develop Bombardier Transportation’s historical presence in Québec, drawing on Québec’s well-established strengths in innovation and sustainable mobility. We are deeply committed to step up the turnaround of Bombardier Transportation activities and deliver significant value to all stakeholders, particularly our customers. We will be thrilled to welcome all the talent and energy of Bombardier Transportation employees. It will significantly increase our innovation capabilities to lead smart and green innovation. Bombardier Transportation will bring to Alstom complementary geographical presence and industrial footprint in growing markets, as well as additional technological platforms. This acquisition will improve our global reach and our ability to respond to the ever-increasing need for sustainable mobility. “I’m very proud to announce the acquisition of Bombardier Transportation, which is a unique opportunity to strengthen our global position on the booming mobility market. CDPQ will reinvest c.€2bn corresponding to 100% of cash proceeds to be received from the sale of its stake in Bombardier Transportation and further invest €0.7bn in Alstom, outlining its strong belief in the strategic rationale and value creation potential of the combination. The price for the acquisition of 100% of Bombardier Transportation shares will be €5.8bn to €6.2bn which will be paid via a mix of cash and new Alstom shares. Post-transaction, Alstom will have a backlog of around €75bn and revenues around €15.5bn. and Caisse de dépôt et placement du Québec (“CDPQ”) in view of the acquisition of Bombardier Transportation. CDPQ to become the largest shareholder of Alstom with c.18% of the capitalġ7 February 2020 – Alstom announces today that it has signed a Memorandum of Understanding with Bombardier Inc.Acquisition price from €5.8bn to €6.2bn.Leading portfolio offering and R&D capabilities Strengthened product lines and strategic industrial capacity Strong commercial and product complementarities Excellent strategic rationale bringing to Alstom:.A step-change acquisition to address the ever-increasing demand for sustainable mobility.If my experience was any indication on how Bombardier Transportation treats their actual employees, I am fortunate that I never received an offer.
I asked HR, the site manager, and the vice president for feedback but they never responded, which runs contrary to Bombardier's posted hiring process ("we’ll let you know if your candidacy has been affirmed or refused. Over a week after the second interview, I was notified by the staffing agency that Bombardier was no longer interested. After the second interview I was 'ghosted' and never contacted by Bombardier again. The interview went well enough where I was invited back for a second interview at the facility with the project management director and vice president. At the facility I was interviewed by the site manager for about an hour and then given a tour. Then I was contacted a week later to set up a face-to-face interview with the site manager. I applied through a staffing agency. The process took 4 weeks. I interviewed at Bombardier (West Mifflin, PA) in Jun 2015 InterviewĪfter being contacted by staffing agency, I had a phone interview with an HR representative from headquarters.
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