Thursday, July 5, 2007

Dubai International Fund Acquires 3.1 Percent Stake in Airbus Parent EADS

(Bloomberg) -- Dubai International Capital, a
private-equity fund owned by the emirate's ruling sheikh, bought
3.12 percent of European Aeronautic, Defence & Space Co., parent
of Airbus SAS.

The company, which purchased the stake through its $2
billion Global Strategic Equities Fund, didn't disclose the
terms of the transaction in a statement today. The company said
it will not seek an EADS board seat or take an active role in
management.


Read more at Bloomberg Emerging Markets News

No comments: