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Article: EADS takes full control of Astrium, Paradigm. (Business Briefing).(Buys BAE Systems' 25% share in Astrium; buys Paradigm Secure Communications)(Brief Article)
- Article from:
- Interavia Business & Technology
- Article date:
- January 1, 2003
CopyrightCOPYRIGHT 2003 Aerospace Media Publishing. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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EADS is to acquire BAE Systems' 25 percent interest (27.5 percent economic share) in Astrium, subject to regulatory clearances. In a parallel move, full control of Paradigm Secure Communications Ltd, formerly held by BAE Systems and EADS, has been transferred to EADS. Prior to completion, EADS and BAE Systems will each make a capital contribution to Astrium of 84 million [euro] to facilitate restructuring. EADS, which already owns 75 percent of Astrium, will acquire BAE Systems' Astrium shares for 84 million [euro] at completion. Taking into account the cash contribution, BAE Systems' interest will effectively be transferred to EADS for no net cash consideration. These ...
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Article: EADS, Thyssenkrupp to jointly buy Atlas from BAE ...
Xinhua News Agency;
December 30, 2005 ;
370 words
...EADS, Thyssenkrupp to jointly buy Atlas from BAE Systems PARIS, Dec. 30 (Xinhua ... Aeronautic Defense and Space Company (EADS) and the technologies division ... Atlas Elektronik from British BAE Systems. "With Atlas Elektronik, both ...
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