Thursday, September 07, 2006

BAE agrees sale of stake in ailing Airbus

BAE agrees sale of stake in ailing Airbus
David Gow European business editor
The Guardian
07 Sep 2006

BAE Systems last night intensified the crisis at Airbus by agreeing to sell its 20% stake for €2.75bn (1.9bn) and warning that the European plane-maker could require significant cash injections in the next few years. The board of Britain’s leading... read more...

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