BAE endorses sale price of its Airbus stake

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Series Details 7.9.06
Publication Date 07/09/2006
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BAE Systems is to recommend shareholders approve the sale of its 20 per cent stake in Airbus for €2.75bn to EADS despite disappointment at the low valuation of the holding set by an independent arbitrator.
Related Links
BBC News, 7.9.06: BAE agrees to £1.87bn Airbus sale http://news.bbc.co.uk/1/hi/business/5321626.stm
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