Hints and tips:
...Mr D’Hinnin has come to be seen as something of a custodian of Mr Lagardère senior’s legacy, advising his son on strategy — such as the decision in 2013 to sell its 7.4 per cent stake in EADS, the European...
...The judicial officials said the seven former and present executives from Airbus and EADS due to stand trial include John Leahy, Airbus’ chief operating officer for customers, and Noel Forgeard, EADS’ former...
...insider trading in shares of the Franco-German aerospace company, Adam Thomson in Paris....
...Adam Young, head of global equity capital markets advisory at Rothschild, says: “If you are a US fund looking for value, you are looking outside the US.”...
...The rise has been driven by stronger markets and successful sales, such as Lagardère’s sale of its 7.4 per cent stake in Europe’s largest aerospace company, EADS, for €2.3bn this week....
...In the US, Lockheed Martin had the biggest total obligation at $27bn, while EADS topped the list in Europe with $7.6bn....
...BAE was involved in an abortive attempt to merge with EADS and create the world’s biggest defence and aerospace systems group earlier this year....
...If the BAE proposal falls apart, EADS could seek to rebuild relations with shareholders by launching a €2.5bn share buyback, says Adam Hogge, analyst at Olivetree Securities....
...EADS and BAE in defence tie-up talks: EADS and BAE Systems, Europe’s largest aerospace company and biggest defence contractor, are discussing a €38bn tie-up that would create a European rival to Boeing and...
...EADS did not disclose the identity of the subcontractor, nor whether the claim had resulted in specific legal action....
Defence cuts unlikely to hurt
...Jason Adams, an aerospace analyst at Nomura, said: “The Paris Air Show was a massive wake-up call for Boeing. . . the market has forced their hand....
...Having high net cash “does increase the likelihood of EADS pursuing acquisitive growth, and is a top question investors have,” said Jason Adams, analyst at Nomura....
...For Jason Adams, an aerospace analyst at Nomura, the strategic influence of Dassault is increasing – a worry for EADS, its Franco-German aerospace rival....
...Additional reporting by Adam Jones in London...
...Cassidian is the cybersecurity arm of EADS, the pan-European aerospace and defence group. The company is expanding and isresearch-intensive, bringing high quality jobs and expertise to the area....
...The carmaker added that the windfall from the sale of its stake in Indian carmaker Tata and the negative effect from higher costs at minority-owned aerospace company EADS were outbalancing each other....
...“For the AMF, there will be a before-EADS and an after-EADS,” he told Le Figaro newspaper....
...EADS, the Franco-German parent of Airbus, became a UAC shareholder as it already had a stake in one of its constituents....
...VTB, the Russian state-controlled bank, bought 5 per cent of EADS in the hope it could form an alliance with the aerospace giant and transfer technology to Russia’s struggling sector....
...The example of EADS and European aerospace co-operation is bound to make Berlin think twice....
...Its stake in EADS would likely make any foreign takeover attempt a matter of national interest....
...The French state owns 15 per cent of EADS....
...“Facts are stubborn things,” John Adams once said....
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