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Aircraft and finance. Merger operation between DAE and BBA Aviation stopped
Dubai, United Arab Emirates - The news generates a sharp decrease of the shares of the British company
Dubai Aerospace Enterprise (DAE) officially communicated it is no longer in talks with BBA Aviation for a possible integration of certain parts of their companies. The announcement caused a sharp decrease (4,1%) of the value of the shares of the British firm. The news is pretty surprising, since the negotiations between the two companies had been confirmed a bit more than one week ago, following...
AVIONEWS - World Aeronautical Press Agency - 1154994
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency