Reports & Analysis: BAE in Talks to Sell Its 20% Stake in EADS Airbus (updated)
Related Stories: Americas - USA, BAE, Britain/U.K., Corporate Financials, EADS, Europe - France, Europe - Other, FOCUS Articles, Industry & Trends, Issues - International, Issues - Political, L3 Communications, Mergers & Acquisitions, Other Corporation, Satellites & Sensors, Specialty Aircraft, Thales, Transport & Utility
Both BAE Systems and EADS have confirmed that BAE has initiated a discussion on the potential disposal of BAE Systems’ 20% stake in Airbus.” Negotiations were described as being in “the very early stages”; BAE’s 20% holding is valued at EUR 3.5 billion ($4.3 billion) in EADS’s books, but The Scotsman newspaper noted that analysts expect any sale to be worth GBP 3.0-4.5 billion ($5.2-7.8 billion at current conversion). EADS adds that the initiation of these discussions does not represent an exercise of the put option held by BAE Systems in relation to this stake.
More details regarding the potential deal, its military procurement significance, and some analysis regarding both its strategic implications and BAE’s future options can be found below… along with updates as the deal progresses.
Displaying 124 of 2,377 words (about 6 pages)
One Source: Hundreds of programs; Thousands of links, photos, and analyses
DII brings a complete collection of articles with original reporting and research, and expert analyses of events to your desktop - no need for multiple modules, or complex subscriptions. All supporting documents, links, & appendices accompany each article.
Benefits
- Save time
- Eliminate your blind spots
- Get the big picture, quickly
- Keep up with the important facts
- Stay on top of your projects and your competitiors
Features
- Ability to conduct complex searches
- Coverage of procurement and doctrine issues
- Timeline of past and future program events
- Comprehensive links to other useful resources
