12/11/26 -"A failing board"
Alstom
AlphaBlunt!
12/11/26 -"A failing board"
• Financial adjustments since the €5.5bn acquisition of Bombardier in 2020 have reached €4bn
• Over the same period, shareholders have injected €4bn in cash
• What board could withstand such a verdict?
• The mismatch between the expertise this board offers and the demands of the project it has embarked on is hard to ignore
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