DaimlerChrysler EADS stake transfer soon: sources
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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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The French defense group Thales expects to receive Australian government authorization later this month to acquire the 50 percent stake in ADI of Australia it does not already control, a press report said.
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FRANKFURT, Germany (International Herald-Tribune) - Automaker Daimler AG, which sold off most of its stake in Chrysler this year, posted a loss of $2.18 billion for the third quarter on Thursday, largely because of write-offs related to the undoing of its merger with Chrysler. Analysts had expected a loss, given the Chrysler sale.  Excluding the one-time charges, the company said it would have posted profits of 1.1 billion euros ($1.57 billion).  Shares of Daimler rose 1.4 percent to 75.37 euros ($107.25) in Frankfurt.
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Germany's government says talks with Daimler Chrysler over aerospace group EADS have produced an outline deal.
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Private equity firm Blackstone Group  has emerged as a leading contender to buy the troubled U.S.  division of German automaker DaimlerChrysler AG  (DCXGn.DE), The Detroit News reported on its Web site on  Saturday, citing people familiar with the situation.
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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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Planemaker Airbus is expected to announce   fresh delays to its embattled A380 superjumbo in coming days, a   French media report said, adding to woes for parent firm EADS   EAD.PA whose shares were also hit by a brokerage downgrade.
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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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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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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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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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British defense firm BAE Systems  won shareholders' backing on Wednesday to sell its stake in planemaker Airbus to EADS , which a day earlier said a fresh delay in the A380 superjumbo would hit earnings.
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Rumours of a possible tie-up between French defence electronics group Thales and the European Aeronautic, Defence and Space Company (EADS) are to be discussed by the German and French economy ministers later ...
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A consortium of investors put together by the German government to buy a bloc of EADS shares put up for sale by DaimlerChrysler has reportedly hit difficulties, notably because of French resistance to the plan.
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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.
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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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Germany fueled mounting speculation over the future independence of French defense firm Thales on Monday, saying Thales and Airbus parent EADS would