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Airbus | Europe - Other | France | Industry & Trends | Issues - International | Issues - Political | Mergers & Acquisitions | Russia | USA

State-Owned Russian Bank Invests in EADS

UH-60L Blackhawk helicopte
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Speculation has rippled through Europe and beyond since leading Russian business daily Vedemosti reported that Russia’s VneshTorgBank (VTB) has invested around $1 billion to acquire 4.5 – 4.8% of the European Aeronautic Defence & Space Corporation (EADS), the Franco-German aerospace concern that owns Airbus and serves as Europe’s largest defense contractor. Their timing has been […]

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