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Airbus plans to acquire Satair, parts and solutions' provider for airplanes and helicopters maintenance

Paris, France - An operation that will allow industry to reinforce, in a considerable manner, offer to its customers

Airbus, an EADS subsidiary, has signed an agreement with the Board of Directors of Satair A/S, a Danish company listed on the NASDAQ OMX Copenhagen, for the launch of a voluntary conditional tender offer with a cash price of DKK 580 per share of a nominal value of DKK 20. This transaction represents a total consideration of DKK 2,595 million (US$ 504 m) and will be financed through EADS existing cash...

fra/pec - 1132346
Rome, Italy, 07/27/2011 16:42
AVIONEWS - World Aeronautical Press Agency

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