EADS To Buy Out BAE Systems Stake In Airbus? | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.06.24

Airborne-NextGen-05.07.24

Airborne-Unlimited-05.08.24 Airborne-FlightTraining-05.09.24

Airborne-Unlimited-05.10.24

Fri, Mar 10, 2006

EADS To Buy Out BAE Systems Stake In Airbus?

Rumors are swirling around the European business community that EADS is in the process of drawing up plans to buy BAE System's 20 percent stake in Airbus, making the planemaker the solely-owned property of the European aerospace and defense group.

Such a sale would have significant ramifications throughout the aerospace industry. Analysts believe BAE is amicable to the buyout, as it would give the British aerospace manufacturer needed capital to pursue its interests in several as-yet-unnamed US companies.

The Guardian reports execs from both EADS and BAE have met informally to discuss the buyout, and that bankers are being consulted on the deal.

Currently, BAE's stake in Airbus is estimated to be worth about 3.5 billion Euros (approximately $4.17 billion US.) EADS reportedly has upwards of 5.5 billion eur available in cash to buy out BAE.

In addition to Airbus, EADS also has a controlling stake in such aerospace companies as Eurocopter, Arianespace, and Socata.

FMI: www.eads.net, www.airbus.com, www.baesystems.com

Advertisement

More News

ANN's Daily Aero-Term (05.10.24): Takeoff Roll

Takeoff Roll The process whereby an aircraft is aligned with the runway centerline and the aircraft is moving with the intent to take off. For helicopters, this pertains to the act>[...]

Aero-News: Quote of the Day (05.10.24)

“We’re proud of the hard work that went into receiving this validation, and it will be a welcome relief to our customers in the European Union. We couldn’t be mor>[...]

Airborne 05.06.24: Gone West-Dick Rutan, ICON BK Update, SpaceX EVA Suit

Also: 1800th E-Jet, Uncle Sam Sues For Landing Gear, Embraer Ag Plane, Textron Parts A friend of the family reported that Lt. Col. (Ret.) Richard Glenn Rutan flew west on Friday, M>[...]

Airborne 05.03.24: Advanced Powerplant Solutions, PRA Runway Woes, Drone Racing

Also: Virgin Galactic, B-29 Doc to Allentown, Erickson Fire-Fighters Bought, FAA Reauthorization After dealing with a big letdown after the unexpected decision by Skyreach to disco>[...]

Aero-News: Quote of the Day (05.11.24)

"Aircraft Spruce is pleased to announce the acquisition of the parts distribution operations of Wag-Aero. Wag-Aero was founded in the 1960’s by Dick and Bobbie Wagner in the >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC