Italy's aerospace company Finmeccanica signs deals with Alcatel, BAE
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ROME  - Italy's defence and aerospace company Finmeccanica SpA said Friday it had agreed to merge its space activities with those of French telecommunications company Alcatel SA through two joint ventures.
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DaimlerChrysler  has placed a 7.5 percent stake in EADS  with a public-private consortium in a 1.5-billion-euro ($1.95-billion) deal that maintains the Franco-German balance of power at the aerospace firm.
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Alitalia has reached agreement with the Italian government on a 400m euro (Â£275m) loan to aid the restructuring of the struggling airline.
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Defence firm BAE is to sell its 20% stake in plane firm Airbus to EADS for Â£1.87bn.
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- Aeroflex Inc. , which provides technology solutions to the aerospace and other markets, said it agreed to be acquired by private equity firms General Atlantic and Francisco Partners for about $1.0 billion.
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BAE Systems, Europeâs biggest defence firm, yesterday announced the planned $600 million (Â£334m) takeover of a leading US supplier of secure computer networks to the Pentagon.
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The Italian government has said it has decided to sell a controlling stake in flag carrier Alitalia through &quot;a competitive procedure and direct negotiations.&quot;
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The Italian government approved exclusive talks between Alitalia and Air France-KLM, paving the way for the sale of the troubled national carrier.
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DaimlerChrysler has placed 7.5 percent of EADS with a public-private consortium in a 1.5-billion-euro ($1.95 billion) deal that maintains the Franco-German balance of power at the aerospace firm.
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BAE Systems will agree to sell its 20 percent stake in Airbus to the Franco-German aerospace firm EADS for 1.9 billion pounds (2.8 billion euros, 3.6 billion dollars).
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L-3 Communications Corp., which supplies products used in aerospace and defense platforms, agreed to buy CAE Inc.&#39;s Marine Controls division for about $225 million cash and the assumption of about $42.
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Alitalia SpA has signed an agreement for a euro400 million (US$496 million) bridge loan, the struggling Italian airline said Monday.
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Air France-KLM on Monday detailed its offer to buy all of Alitalia , confirming details given on Sunday by its chairman to Italian newspapers.
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MILAN News Corp. on Tuesday said that it agreed to buy the 20 percent of Sky Italia, the satellite-television broadcaster, that it does not already own from Telecom Italia for E88 million.
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Alcan Inc., the world&#39;s biggest aluminum maker by sales, agreed to sell its Pechiney Electrometallurgie ferroalloy division to Spain&#39;s Ferroatlantica SL for more than 100 million euros ($136 million).
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BAE Systems has announced that shareholders have backed the proposed sale of its 20-percent holding in troubled European aircraft maker Airbus to Paris-based peer EADS.
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Defence firm BAE Systems agrees to sell its 20% stake in plane firm Airbus to EADS for Â£1.87bn.