EADs considers European company status

EADS could take on European company status as Louis Gallois, chief executive, attempts to overcome internal resistance to greater integration at the highly political Franco-German aerospace and defence group.

Mr Gallois, speaking to the Financial Times from the Paris air show in June 2009 said management had launched a feasibility study into the pros and cons of the corporate status created by the European Union.

European Commission: DG Internal Market and Services: Company Law: Modernisation of Company Law and Enhancement of Corporate Governance European Company ("Societas europaea") http://ec.europa.eu/internal_market/company/se/index_en.htm

---