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EADS confirms VTB entry in its capital

Moscow, Russia - 5% purchase at EUR 885m

Vneshtorgbank (VTB), a bank owned by the Russian state, has agreed to buy a portion of the stock of EADS. This announcement by the Russian financial press was confirmed over the week-end to press agencies by a spokesman of the European aerospace Group (see AVIONEWS for details). The 5% stake worth is EUR 885m. This deal could facilitate the penetration of the Russian market by the consortium that owns...

AVIONEWS - World Aeronautical Press Agency - 148590
Rome, Italy, 09/11/2006 14:37
AVIONEWS - World Aeronautical Press Agency

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