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German states of Lower Saxony, Bremen, Hamburg to take stakes in EADS - report
FRANKFURT (AFX) - The German states of Lower Saxony, Bremen and Hamburg are planning to take stakes in EADS to maintain the European aerospace giant's delicate Franco-German balance of power, the dpa news agency reported.
The agency cited Lower Saxony's chief minister Christian Wulff as saying that his state will "contribute actively" to keeping EADS's Franco-German power structure intact.
It also quoted a spokesman for the Senate of Bremen as saying: "It's clear, Bremen will take part in a solution just like Lower Saxony and Hamburg".
Hamburg has already announced it would invest in EADS, dpa said.
A report in yesterday's Hannoversche Allgemeine Zeitung daily said Lower Saxony will invest 80 mln eur in EADS for a three- or four-year period.