Posts: 384
Joined: Tue Sep 27, 2005 6:10 am

Eads In Talks To Sell Part Of Airbus

Thu Nov 16, 2006 3:39 pm

Fair use extract:

PARIS, Nov 16 (Reuters) - EADS (EAD.PA: Quote, Profile, Research) is negotiating with potential foreign investors including major Gulf funds over the possibility of selling them direct stakes in its Airbus unit to help fund its A350 project, Les Echos reported on Thursday.

Les Echos, quoting a source close to the matter, said EADS was in advanced talks with Dubai International Capital (DIC) and Qatar Investment Authority.

It said EADS was also looking at potential investors in China, India and Russia -- all major markets for its jets -- as well as the United States, home to its rival Boeing.

- n1786b