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Old 13th October 2006 | 17:08
  #99 (permalink)  
Mudfoot
 
Joined: Dec 2005
Posts: 67
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From: Rural Virginia
100% EADS Airbus

"Amsterdam, 13 October 2006 – EADS today acquired from BAE Systems its 20 percent stake in Airbus for € 2.75 billion. This value was determined by an independent expert during the put option process which was launched by BAE Systems in June 2006. EADS paid in cash from the existing resources of the Group. EADS is therefore now the sole owner of Airbus."

Well, it's about time - get it all under one umbrella at a bargain-basement price. Now, how do we pay for the assets?!?

Cheers, y'all.
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