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Airbus Group sells majority stake in Test and Services to ACE Management and IRDI

Toulouse, France - For 66.5%

Airbus Group yesterday has sold a 66.5% stake in its Test & Services business to ACE Management and IRDI (Institut Régional de Développement Industriel de Midi-Pyrénées) after receiving the necessary regulatory approvals. Following a thorough auction process, Airbus Group entered into a preliminary agreement regarding the divestment in June 2014. ACE Management, which manages the European Aerospace and...

fra/pec - 1161432
Rome, Italy, 07/11/2014 14:54
AVIONEWS - World Aeronautical Press Agency

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