Germany mulling direct EADS stake in 2010: report
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Germany could take a direct stake in the aerospace group EADS in 2010, replacing a consortium of investors and German states, a press report said Wednesday, quoting an economy ministry official.
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German flag carrier Lufthansa is interested in buying a 20-percent stake in British airline BMI currently held by Scandinavian Airlines System (SAS), the business daily Handelsblatt reported on Thursday.
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The newly designated EADS chief executive said in an interview published Thursday he backed the introduction of &quot;golden shares&quot; to allow Berlin and Paris to veto strategic decisions at the European aerospace giant.
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Stake in Deutsche Telekom AG may be sold by Germany for â¬4.45 billion ($5.5 billion) as EU faces finance deficits and seeks for the ways to resolve the problem.
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The board of Airbus parent EADS   is expected on Tuesday to decide on a cost-cutting program and  assess the impact of the latest delay in its A380 superjumbo  plane, which one newspaper report said could now slow 2007  deliveries to just two aircraft.
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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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DaimlerChrysler (DCXGn.DE) aims to  resolve a management crisis at European defense group EADS   quickly, the German automaker and EADS founding  shareholder&#039;s chief executive was quoted as saying on  Wednesday.
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BERLIN/STUTTGART/FRANKFURT  - DaimlerChrysler  could announce the transfer of shares in European aerospace group EADS   to a financial consortium as soon as Friday, industry sources said.
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German-US auto giant DaimlerChrysler has agreed to reduce its stake in European aeropace giant EADS to 15 percent from 22.5 percent, ensuring a balance between French and German shareholders.
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The European aerospace giant EADS hopes to achieve a double-digit operating margin by around 2015, a company spokesman said Thursday.
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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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Shares in Airbus parent EADS fall sharply after Deutsche Bank advises investors not to buy the stock.
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EADS is targeting $10 billion in defense and security sales in the United States, its top managers said on Thursday, setting an ambitious goal for the European aerospace giant as it looks to crack the world&#39;s richest defense market.
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The German government is nearing a deal for German banks to buy a stake in EADS as DaimlerChrysler reduces its holding in the company.
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Russia, which has just acquired a 5.0-percent stake in the European aerospace consortium EADS, hinted that it might seek a &quot;blocking minority&quot; interest to have an impact on company policy.
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The German government rejected a  magazine report on Saturday that France was blocking a German  consortium from taking over a stake in aerospace group EADS   from core shareholder DaimlerChrysler (DCXGn.DE).
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No merger proposal has been submitted to the boards of French defense company Thales SA and European aerospace consortium EADS despite reports that the French government is interested in a linkup, German Economics Minister Wolfgang Clement said Tuesday.