BAE sells Airbus stake for Â£1.8bn
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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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British Airways Plc, Europe&#39;s second- biggest airline, is selling its A$1.1 billion ($763 million) stake in Qantas Airways Ltd.
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Airbus SAS won an order Tuesday for 30 aircraft from India&#39;s budget carrier Air Deccan in a deal valued up to US$1.8 billion (euro1.38 billion) - the third deal struck in Asia in a week by the European aircraft maker.
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BAE Systems advised its shareholders to sell the British defence group's 20 percent stake in Airbus to the Franco-German aerospace firm EADS for 2.75 billion euros (3.5 billion dollars).
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BAE Systems, the UK&#39;s largest defence contractor, has expanded further in the United States with the $600m (Â£489m) acquisition of DigitalNet Holdings, a leading IT supplier to the Pentagon.
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The British defence and aerospace giant BAE Systems posted an 18 percent rise in interim headline profits on the back of a strong performance in North America and by airplane maker Airbus.
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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 deal that maintains the Franco-German balance of power at the aerospace group.Comment
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German-US auto giant DaimlerChrysler has agreed to cut its stake in European aerospace giant EADS to 15 percent from 22.5 percent, ensuring a balance between French and German shareholders.
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Defence and aerospace group BAE Systems declines to comment on a report that it will sell its 20% stake in Airbus later this week.
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The European headquarters of US banking giant Citigroup in London's Canary Wharf is sold for Â£1bn.
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LONDON : Britain&#39;s BAE Systems said it had agreed to buy DigitalNet Holdings Inc, a provider of computer networks for the US government, for 600 million dollars (489 million euros) in cash.
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European consortium Airbus Industrie won its second deal in a week from India's growing budget airline business, selling 30 Airbus A320 aircraft to Air Deccan.
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Air Deccan orders 30 Airbus planes in a $1.8bn deal as India's first low-cost airline expands in the fast-growing domestic market.
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British defense contractor BAE Systems PLC said Tuesday that its U.S. subsidiary will acquire software maker Alphatech Inc. for &#36;88 million cash.
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British defense firm BAE Systems has agreed to pay $600 million (333.7 million pounds) for DigitalNet Holdings, a maker of secure Pentagon computer networks, the companies say in a weekend statement.
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Qantas said Thursday that British Airways has sold its 18.25 percent stake in the Australian carrier at 3.28 Australian dollars (US$2.
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The British arms firm BAE has been given approval by US regulators to go ahead with a Â£2bn takeover of an American military company.