# CDPQ becomes Alstom's largest shareholder in Bombardier Transportation acquisition

As part of Alstom's acquisition of Bombardier Transportation, CDPQ will convert its investment in Bombardier Transportation into Alstom shares and invest an additional €700 million, becoming Alstom's largest shareholder with about 18% stake and two board seats.

- Type: Acquisition
- Announced: 2020-02-17
- Where: Canada
- Value: $3.00B (2.78B EUR)
- Status: announced
- Products: rail transportation
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Bombardier Transportation](https://endata.com/companies/260.md) (target)
- [Caisse de dépôt et placement du Québec](https://endata.com/companies/322.md) (investor)
- [Alstom](https://endata.com/companies/3570.md) (acquirer)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/cdpq-becomes-alstom-s-largest-shareholder-following-the-announced-acquisition-of-bombardier-transportation-820342751.html), 2020-02-17: "CDPQ's total investment in Alstom will amount up to €2.78 billion (CAD 4.0 billion)"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.