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Article: BAE Systems to divest 20 pc stake in Airbus to EADS.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- June 8, 2006
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BAE Systems to divest 20 pc stake in Airbus to EADS
New Delhi, Jun 8 (PTI) BAE Systems today said it will sell its 20 per cent stake in Europe's largest aircraft maker Airbus to aerospace and defence services major EADS.
The finalisation of the transaction would make EADS the sole shareholder of Airbus and would be subject to shareholders approval of BAE Systems, a company statement said.
Earlier, in April, BAE Systems announced its ...