

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.Bombardier Transportation has significantly improved its enterprise-wide purchasing performance with Proactis. Unnecessary purchases and the risk of non-performance or non-compliance by the supplier have been reduced while the intuitive spot-buy solution helps reduce Maverick Spend. The company now has much more transparent purchasing processes.

By using a digital ‘Single Source of Truth’ the administration of transactions is much easier and more transparent.īy automatically storing and monitoring all information, activities and workflows on the portal, Bombardier Transportation can significantly increase compliance and ensure data integrity (e.g. This not only significantly improves the user experience for buyers and suppliers, but also increases acceptance. Routine tasks are largely automated, for example through the automatic transfer of supplier data. Through the portal, Bombardier Transportation can make information and document exchange with its suppliers faster and more interactive.

Information, activities and workflows are automatically documented, stored and monitored, greatly improving compliance.System interactions become faster and more interactive, routine tasks are automated and the user experience for buyers and suppliers is improved.Support for the development of a global and centralised purchasing organisation to digitally transform, standardise and automate approval processes through workflows.Creation of a digital network for the exchange of order documents (PO, POR, etc.).Provision of a mini tender tool for spontaneous purchases (spot-buying).Digital transformation of purchasing processes through the implementation of a cloud solution for content approval.Unification of procurement systems in the various units.Simplify user experience for buyers and suppliers.Efficiency increase, resource optimisation through process automation, and standardisation of indirect purchasing.
