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Joined: Tue Sep 27, 2005 6:10 am

Eads In Talks To Sell Part Of Airbus

Thu Nov 16, 2006 3:41 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
Posts: 2613
Joined: Thu Aug 10, 2000 11:05 pm

RE: Eads In Talks To Sell Part Of Airbus

Thu Nov 16, 2006 4:07 pm

This sounds like a good idea, especially China - China has a huge pile of cash, and selling them a stake could bring more Chinese business in the future.
Posts: 814
Joined: Thu Mar 31, 2005 5:58 pm

RE: Eads In Talks To Sell Part Of Airbus

Thu Nov 16, 2006 4:07 pm

Now is the right time for Boeing to invest in Airbus.
Posts: 763
Joined: Thu Sep 28, 2006 10:24 am

RE: Eads In Talks To Sell Part Of Airbus

Thu Nov 16, 2006 4:33 pm

Get one of the sheikhs to invest in the company , then he could start an airline and buy 100 airplanes aswell  Wink

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