EADS Discussing New State Shareholder Structure | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 07.29.14/Oshkosh Day 2! ** HD iPad-Friendly Version--Airborne 07.29.14/Oshkosh Day 2 **
** Airborne 07.28.14/Oshkosh Day 1! ** HD iPad-Friendly Version--Airborne 07.28.14/Oshkosh Day 1 **

Tue, Dec 04, 2012

EADS Discussing New State Shareholder Structure

Aerospace Company Says It Is Too Early To Release Details Of Any Changes

State participation in the European aerospace giant EADS was a topic of conversation between France, Germany, EADS, and Daimler over the weekend, according to media reports. But EADS says that the details being reported in the media are still just speculation.

Reuters reports that, according to the German newspaper Frankfurter Allgemeine Zeitung, the discussions focused on a cap for the states of 30 percent of EADS, the parent company of Airbus, Eurocopter, and Astrium. France and Germany would each hold 12 percent and Spain 4 percent. That would leave 2 percent that states could acquire in the future. The talks also reportedly discussed the level of state participation in the company's management structure.

But EADS says all of the figures being reported in the media are just speculation, and that no final decisions have been made. In a media release, the company said only that it could confirm that key shareholders are discussing potential changes in the company shareholding structure and corporate governance.

"The company is participating actively in such discussions, as appropriate, with the support of its Board of Directors, with the objective to preserve and enhance, where appropriate, the interests of all stakeholders, including shareholders, clients and employees," the statement said. "The currently-discussed potential changes are likely to require the approval of EADS NV shareholders and there can be no certainty that these discussions will be conclusive. A further announcement will be made as appropriate.

FMI: www.eads.com

Advertisement

More News

Airborne 07.25.14: Global Flight Tragedy, Blue Angel Update, GA's Next Big Thing

Also: Eve Of Oshkosh, WomenVenture, Garmin Flight Stream, AEA Pilot's Guide The father-son duo of Babar Suleman and 17-year-old Haris Suleman of Plainfield Indiana had planned thei>[...]

IMC CLubs Leads The Way To OSH14 Special Event Coverage

IMC Clubs: Building Instrument Proficiency Through Community When it comes to flying, there is no substitute for proficiency and training. And maybe nowhere is that more important >[...]

Electrifying OSH2014 Sponsor: Concorde Batteries

Concorde Charges Up Our Oshkosh 2014 Coverage! Concorde Battery Corporation has been in the battery manufacturing business for over 30 years and is the world leader in Valve Regula>[...]

Innovative OSH14 Sponsor, iFlightPlanner, Provides Expert Guidance

What is iFlightPlanner? iFlightPlanner is general aviation’s most comprehensive suite of easy-to-use flight planning tools for private and corporate pilots. Featuring iFlight>[...]

OSH2014 Sponsor: Eclipse Aerospace -- In Full Production!

The Eclipse 550: Economical. Efficient. Incredible. The Eclipse 550 not only has the lowest acquisition cost of any twin-engine jet on the planet, it also has the lowest operating >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC