Germany, France Eye Balance in Possible EADS-Thales Combination
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Germany and France have agreed that a future combination of European Aeronautic, Defense and Space Co. and Thales SA must benefit both countries&#39; interests, Economics and Labor Minister Wolfgang Clement said.
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The German government is not issuing any threats, but was simply discussing a possible review of its defence contracts with European aeropace giant EADS should the restructuring of its plane-making unit Airbus harm German interests.
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DaimlerChrysler AG said Friday it sold a third of its stake in EADS, the parent company of planemaker Airbus, to a private investment group in a deal that will maintain the balance between German and French ...Comment
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The French government is seeking to take control of European aerospace giant EADS by pushing for a capital increase to finance development of the new A350 long-haul jet, German newspapers have reported.
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European aerospace firm EADS quashes speculation it was poised to take over the French defence electronics firm Thales.
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Defence giant EADS is interested in buying parts of UK's BAE Systems, in addition to seeking a merger with Thales, a report says.
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Germany has defended its interests in European aerospace giant EADS and has increased its say in the company under the management shake-up unveiled this week, deputy economy minister Peter Hintze said in a newspaper interview Tuesday.
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Germany and France support a "fair division" of the long-awaited restructuring of pan-European aircraft maker Airbus, the countries' leaders said Friday.Comment
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Russia sought to reassure  France and Germany on Saturday on its plans for Airbus parent  EADS and held out the prospect of more gas for Europe to ease  fears over Moscow's leverage of its growing economic clout.
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A deal to simplify the complicated management structure of Franco-German aerospace firm EADS could be imminent, officials say.
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EADS is grappling with a burgeoning controversy at its aircraft unit Airbus that has exposed communications lapses and threatens to revive Franco-German friction at the heart of the European aerospace group.
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COMPIEGNE, France  - Russia sought to reassure   France and Germany on Saturday on its plans for Airbus parent   EADS and held out the prospect of more gas for Europe to ease   fears over Moscow's leverage of its growing economic clout.
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France and Germany agreed on Monday to scrap a cumbersome dual management structure at European aerospace group EADS in a shakeup aimed at pulling the aviation giant out of crisis.
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PARIS/BERLIN  - France hopes to be able to announce an agreement about a simplified management structure for European defense group EADS at a summit meeting on Monday, but Germany is in no hurry to strike a deal.
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European aerospace giant EADS is considering selling its stake in French aircraft maker Dassault Aviation, German co-CEO Tom Enders told the Financial Times on Friday, an assertion later challenged by his French counterpart.
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The German government is reportedly pondering investing capital in the aerospace and defence group EADS to maintain German influence in the European manufacturer.
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Germany might take a direct stake in the aerospace group EADS in 2010, replacing a consortium of investors and German states, but is keeping all options open, a government spokesman said Wednesday.