E-Mail   |   E-Mail Newsletters   |   RSS

Thomson Financial News
EADS to complete partial Socata sale to Daher within days - report
06.27.08, 2:56 AM ET

PARIS (Thomson Financial) - EADS NV is expected to complete the partial sale of its Socata unit to French aerospace, defence, nuclear and automobile group Daher in the coming days, Les Echos reported.

The paper said EADS has decided to accept the proposal Socata and Daher have made together for the supply of equipment for the landing gear of Airbus's new A350 XWB programme, provided Daher takes over the Tarbes-based EADS unit.

EADS would retain a 30 percent to 40 percent stake in the unit, which makes general aviation aircraft as well as aerostructures for Airbus, Dassault Aviation and Eurocopter, Les Echos reported.




Copyright Thomson Financial News Limited 2008. All rights reserved.

The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.

Neither the Subscriber nor Thomson Financial News warrants the completeness or accuracy of the Service or the suitability of the Service as a trading aid and neither accepts any liability for losses howsoever incurred. The content on this site, including news, quotes, data and other information, is provided by Thomson Financial News and its third party content providers for your personal information only, and neither Thomson Financial News nor its third party content providers shall be liable for any errors, inaccuracies or delays in content, or for any actions taken in reliance thereon.

Have a question? Ask our community of experts here.

More On This Topic
Companies: EAD | AM

Article Controls

E-Mail   |   E-Mail Newsletters

del.icio.us   |   Digg It! Digg It!   |   My Yahoo!   |   Share   |   RSS

Related Sections
Home > News & Analysis

News Headlines | More From Forbes.com | Special Reports    
Subscriptions >

Subscribe To Newsletters Subscriber Customer Service

Related Business Topics
Starting A Small Business Small Business Loans

CEO Book Club
Author Q & A
Thomas F. Schaller
Book Review
Brand Me
David K. Randall
Brands aren't making us, we're making brands.