Hints and tips:
...(Financial Times) EADS faces far-reaching shake-up: “EADS’ management is proposing a far-reaching restructuring of the European aerospace and defence group following the failure of the tie-up with BAE Systems...
...(Wall Street Journal) EADS pact shake-up: The French and German governments are looking at forming a new shareholder pact at EADS, under which each would hold a stake of 12% in the company....
...To be sure, other big banks have a role on the EADS side....
...EADS is in merger talks with BAE Systems, which the SFO infamously investigated over Saudi arms deals....
...Since taking up the post in April he has ordered a criminal investigation into alleged corruption of Saudi officials by GPT Special Project Management, a subsidiary of EADS; and into payments by Barclays...
...The agency announced this month that it had opened an investigation into GPT Special Project Management, a subsidiary of EADS whose sole customer is the UK Ministry of Defence....
...It also has its eye on Lagardère’s 7.5 per cent stake in EADS, the Franco-German aircraft maker. Qatar Airways is one of the biggest customers of Airbus aircraft manufactured by EADS....
...Mr Lagardère will become chairman of EADS in June, but has signalled his intention to sell the stake at some point....
...“Senior executives of pan-European defence group EADS were alerted five years ago about questionable payments made by one of its subsidiaries in Saudi Arabia to an account in the Cayman Islands that is now...
...Lagardère owns 7.5 per cent of EADS and has expressed an intention to sell....
...Qatar has previously said it was keen to acquire an EADS stake....
...Mr Lagardère is expected to be appointed chairman of the board of EADS despite a long-stated ambition to sell his stake....
...It also sold much of its listed equities portfolio, including minority stakes in EADS, HSBC and ICICI Bank in India....
...This follows the recent disposals of much of DIC’s listed equities portfolio, including its minority stakes in EADS, HSBC, Sony and ICICI Bank in India....
...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....
...“Small, lesser-capitalised operators in the deepwater Gulf of Mexico are toast,” says Ralph Eads, chairman of the energy investment banking group at Jefferies....
...Daimler is already familiar with France as a 15 per cent shareholder in EADS....
...It controls a publishing empire with scattered media assets as well as being the French core industrial shareholder in the Franco-German EADS defence and aerospace group that in turn controls Airbus....
...Those people also say its public equities portfolio, which includes stakes in EADS, Sony and ICICI Bank in India, may be sold....
...Back in June 2006, when Airbus announced delays in its flagship A380 superjumbo programme, the shares of its parent company EADS fell 26 per cent....
...Silver Bait LLC produces fishing worms by the millions. But that’s only the beginning of what it produces....
...It recently agreed a deal with co-investors Towerbrook and York Capital to become the biggest shareholders in Monier, the German-based roofing materials group, by swapping their debt for equity....
...The example of EADS and European aerospace co-operation is bound to make Berlin think twice....
...The Global Strategic Equities Fund, which includes stakes in HSBC, the banking group, and EADS, the European defence group, has been hit by the turmoil in world markets....
International Edition