Author (Person) | Buckley, Neil, Done, Kevin |
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Series Title | Financial Times |
Series Details | 12.9.06 |
Publication Date | 12/09/2006 |
Content Type | News |
Vneshtorgbank, the second largest Russian state-controlled bank, has bought a 5.02 per cent stake in EADS, worth €913m at the current share price, making itthe largest investor in Europe's leading aerospace and defence groupoutside the group of core EADS shareholders. The stake was probably a step towards attempting to foster closer co-operation between the Russian aircraft industry and EADS, on sourcing of raw materials and components, and development projects. |
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Subject Categories | Business and Industry |
Countries / Regions | Europe, Russia |