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-04.29.24

Airborne-Unlimited-04.23.24

 Airborne-Unlimited-04.24.24 Airborne-FltTraining-04.25.24

Airborne-Unlimited-04.26.24

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 (04.26.24): DETRESFA (Distress Phrase)

DETRESFA (Distress Phrase) The code word used to designate an emergency phase wherein there is reasonable certainty that an aircraft and its occupants are threatened by grave and i>[...]

Aero-News: Quote of the Day (04.26.24)

"General aviation is at the forefront of developing and introducing innovative technologies that will transform the entire aviation industry..." Source: Kyle Martin, Vice President>[...]

ANN's Daily Aero-Term (04.27.24): Direct

Direct Straight line flight between two navigational aids, fixes, points, or any combination thereof. When used by pilots in describing off-airway routes, points defining direct ro>[...]

ANN's Daily Aero-Linx (04.27.24)

Aero Linx: Women in Corporate Aviation Women in Corporate Aviation support individuals seeking career advancement and professional development in the business aviation industry. Me>[...]

Aero-News: Quote of the Day (04.27.24)

“We would like to thank the many volunteers that help throughout the year to pull off the event, as well as the several reviewers, judges, and SURVICE staff that provide team>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne-NextGen 04.30.24: Skydweller Flies, Cassio 330, UAV Design Competition

Airborne 04.29.24: EAA B-25 Rides, Textron 2024, G700 Deliveries

Airborne 04.26.24: Beta Alia 250, SPEEA v Boeing, Anti-Av Climate Attacks

See All

Advertisement

Podcasts

Advertisement

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