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

AIRBUS SE (AIR)
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Germany Doesn't Want Stake In EADS-BAE Entity -Report

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10/02/2012 | 01:26pm CET

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
Valeurs citées dans l'article
ChangeLast1st jan.
AIRBUS SE 2.21% 96.99 Real-time Quote.11.83%
BAE SYSTEMS 0.51% 595.8 Delayed Quote.3.18%
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Financials (€)
Sales 2018 69 248 M
EBIT 2018 5 112 M
Net income 2018 3 553 M
Finance 2018 10 472 M
Yield 2018 1,88%
P/E ratio 2018 21,17
P/E ratio 2019 16,77
EV / Sales 2018 0,91x
EV / Sales 2019 0,82x
Capitalization 73 498 M
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Number of Analysts 27
Average target price 99,6 €
Spread / Average Target 5,0%
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Managers
NameTitle
Denis Ranque Non-Executive Chairman
Fabrice Brégier COO & President-Airbus Commercial Aircraft
Harald Wilhelm Chief Financial Officer
Luc Hennekens Chief Information Officer
Marc Fontaine Chief Technology Officer
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