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Russia May Sell Eads Stake-Report  
User currently offlineLumberton From United States of America, joined Jul 2005, 4708 posts, RR: 20
Posted (7 years 2 months 1 week 5 days 8 hours ago) and read 2186 times:

If they're serious, I suspect Dubai Inc will be happy to buy!
http://www.iht.com/articles/2007/07/11/technology/eads.php

Quote:
MOSCOW: The state-controlled Vneshtorgbank said Wednesday that it may sell its 5 percent stake in EADS. The news came one week before French and German leaders meet to discuss the troubled company's management.

In an unexpected announcement last year, Vneshtorgbank, or VTB, said it had acquired 5 percent of European Aeronautic Defense & Space, which is the parent company of Airbus.

The Russian government - which is rebuilding its domestic aviation industry under a state-owned umbrella corporation - had hoped to raise its stake and secure a place on the board of EADS, which owns 10 percent of Irkut, a Russian plane maker.

EADS has said, however, that the Moscow bank would not be welcomed as a decision-making industrial shareholder.

"We are considering the possibility of selling the EADS shares, but that doesn't mean that we are going to sell them immediately," the VTB press service said Wednesday.



"When all is said and done, more will be said than done".
4 replies: All unread, jump to last
 
User currently offlineEI321 From Iraq, joined Jul 2009, 0 posts, RR: 0
Reply 1, posted (7 years 2 months 1 week 5 days 8 hours ago) and read 2143 times:

a.net SU A350 cancelation roumers starting in 5-4-3-2-1 .........

User currently offlineN328KF From United States of America, joined May 2004, 6485 posts, RR: 3
Reply 2, posted (7 years 2 months 1 week 5 days 7 hours ago) and read 2118 times:

Quoting EI321 (Reply 1):
a.net SU A350 cancelation roumers starting in 5-4-3-2-1 .........

I think it's nothing like that. I am guessing that UAC was lobbying for EADS workshare and when they found a cold reception, they decided to cut their losses and get out of dodge.



When they call the roll in the Senate, the Senators do not know whether to answer 'Present' or 'Not guilty.' T.Roosevelt
User currently offlineIwok From Sweden, joined Jan 2005, 1108 posts, RR: 0
Reply 3, posted (7 years 2 months 1 week 5 days 7 hours ago) and read 2081 times:

Quoting Lumberton (Thread starter):
If they're serious, I suspect Dubai Inc will be happy to buy!
http://www.iht.com/articles/2007/07/...s.php

Please sell to Lockheed  pray 

iwok


User currently offlineLumberton From United States of America, joined Jul 2005, 4708 posts, RR: 20
Reply 4, posted (7 years 2 months 1 week 4 days 21 hours ago) and read 1975 times:

Quoting N328KF (Reply 2):
I am guessing that UAC was lobbying for EADS workshare

That and Russia wanted board representation. In a meeting with Putin, Merkel reportedly told him it would not happen. I suspect after an appropriate period of brooding, this is the upshot.



"When all is said and done, more will be said than done".
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