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4-Traders Homepage  >  Equities  >  Euronext Paris  >  Airbus Group    AIR   NL0000235190

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Germany Doesn't Want Stake In EADS-BAE Entity -Report

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10/02/2012 | 01:26pm CEST

PARIS--The German government doesn't want a stake in the capital of the new entity that would be formed after the potential merger of European Aeronautics Defence and Space NV Co (>> EADS) and U.K.'s BAE Systems PLC (>> BAE Systems plc), French daily Le Figaro reports Tuesday.

The newspaper, citing sources close to EADS, says the German government would rather have German board members as well as guarantees regarding jobs, research and development and some industrial sites.

The report didn't specify whether the German government stance referred to a direct or indirect stake.

Germany's stake in EADS is held via its proxies, Daimler, with 9%, and a bank consortium, with 4.5%.

Newspaper Web site: http://www.lefigaro.fr

-Write to Geraldine Amiel at [email protected]

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stocks mentioned in the article : EADS, BAE Systems plc
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Financials (€)
Sales 2017 68 302 M
EBIT 2017 4 054 M
Net income 2017 2 653 M
Finance 2017 5 274 M
Yield 2017 2,09%
P/E ratio 2017 21,29
P/E ratio 2018 15,64
EV / Sales 2017 0,73x
EV / Sales 2018 0,66x
Capitalization 55 317 M
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Number of Analysts 26
Average target price 77,2 €
Spread / Average Target 7,8%
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NameTitle
Thomas Enders Chief Executive Officer & Executive Director
Denis Ranque Non-Executive Chairman
Thomas Williams Chief Operating Officer
Harald Wilhelm Chief Financial Officer
Paul Eremenko Chief Technology Officer
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