Monday, July 21, 2014





EADS: Confirms talks on shareholder structure


February 19. 2013 8:20PM
Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle


(AP) European aerospace and defense company EADS NV says its key shareholders are discussing potential changes to its structure and management.


EADS, parent company of aircraft maker Airbus, is jointly French- and German-owned.


The French government owns 15 percent and French media company Lagardere has 7.5 percent. Germany's government does not have direct stakes, but has influence through auto maker Daimler, which holds a 22.5 percent stake.


French president Francois Hollande said a deal was close.


EADS's state shareholdings are going to change...and we will therefore have to revise the shareholder pact, Hollande said during a news conference in Lyon, France. We are working on it, and a deal is close.


In response to media reports that EADS was talking about capping state stakes and giving both France and Germany voting shares of 12 percent each, the company issued a statement Monday that it was in discussions whose objective was to preserve and enhance... the interests of all stakeholders.


But it says there can be no certainty that these decisions will be conclusive.


___


Associated Press writer Sylvie Corbet in Lyon, France contributed to this article.


Associated Press


Comments
comments powered by Disqus Commenting Guidelines
Poll
Mortgage Minute


Search for New & Used Cars

Make 
Model
 
Used New All
 

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals



Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds