EADS to make bid for Thales
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PARIS, Nov 12  - The European Aeronautic, Defence and Space Company (EADS) will soon launch a bid for French defence electronics group Thales in a deal orchestrated by the French government, which owns just over 15 percent of EADS and 31 percent of
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DaimlerChrysler  (DCXGn.DE) 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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India's Tata Advanced Systems said on Saturday it planned to form a partnership with an arm of European plane-maker EADS  to bid for the Indian Army's $1 billion tactical communications system project.
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Airbus parent EADS has pledged to consult workers before selling plants or cutting jobs as part of a plan to rescue the planemaker, the works council at EADS said on Friday.Comment
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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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The German government and DaimlerChrysler have reached agreement on the &quot;broad outlines&quot; of a deal that will enable the car maker to sell part of its stake in European aerospace giant EADS while keeping it in German hands, a government spokesman has said.
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The board of European aerospace group EADS is to meet this Friday to discuss the launch of the Airbus A350 passenger jet amid wrangling over the financing of the project.
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Dubai&#39;s new state-backed aviation group, Dubai Aerospace Enterprise, said Friday it was interested in buying factories put up for sale by European plane 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 keeps the Franco-German balance of power at the aerospace group.
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The German government and DaimlerChrysler will reveal details next week of a deal enabling the car maker to sell part of its stake in European aerospace giant EADS while keeping it in German hands, a business daily has reported.
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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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The European Aeronautic Defense and Space Company, or EADS, is scrambling to quell an internal squabble that could increase tensions between French and German shareholders.
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Airbus majority owner EADS gives the go-ahead for the 3-4bn euro development of a jet to rival Boeing's planned 7E7.
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Defence firm BAE Systems agrees to sell its 20% stake in plane firm Airbus to EADS for Â£1.87bn.
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The German co-chief executive of the European aerospace group EADS, Thomas Enders, confirmed Monday that he will head Airbus and that Frenchman Louis Gallois would become the sole chief executive at EADS.
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Germany fueled mounting speculation over the future independence of French defense firm Thales on Monday, saying Thales and Airbus parent EADS would
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LONDON (CBS.MW) - Speculation grew Friday that the French government is actively working to create a European defense giant to better compete with Boeing after a French newspaper said EADS is nearing a take-over of Thales.