PrintJuly 3, 2006
Ripples from the troubles of Airbus
Shares of British Aerospace opened sharply lower today, on news of the unexpectedly low valuation placed on its 20% stake in Airbus. Speculation abounds that BAe shareholders will decline the deal when they vote on it. Such a rejection would add further chaos to Airbus and its parent EADS, which just underwent a management "shake—up" predicated on EADS assuming 100% ownership of Airbus. Fine—sounding plans for "integration" of Airbus into EADS may not work with a minority shareholder owning 20%.
The spectacle promises to continue.
Thomas Lifson 7 3 06
FOLLOW US ON
Recent Articles
- What’s the Real Target of the Assault on Tesla?
- MAGA: Progress, Not Perfection
- Saving American Culture through ‘Counter-Spoliation’
- Anecdotes from the Time of Autism
- War Is Hell
- Deep State Anatomy and Physiology
- Sisterhood of the Traveling Pronouns
- Trump’s Tariffs: A Chance to Bring Back Lost Jobs
- Trump's Six-Point Plan for Making America Great Again
- Make IRS Sauce The Same For Both Citizen Goose and Politician Gander
Blog Posts
- The Dragon slips the spotlight
- VIDEO: Trump’s tariffs are necessary and completely pro-American
- The Left is experiencing the grief cycle on a loop
- The Democrats’ superiority complex
- On Wisconsin: The pundit class fumbles (again)
- Around the world, the smart way and the dumb way to respond to Trump's tariffs
- Burning Teslas
- Senator, you talk too much
- The Atlantic's phony migrant tear-jerker about a pitiful 'Maryland father' shipped back to El Salvador falls apart
- Rep. Luna, forgets she’s on the Republican Team!
- Veruca Salt politics or the inevitable result of ‘the personal is political’
- Taliban justice in the streets of Bordeaux, and a Sharia ‘mega city’ comes to Texas
- French judge releases an accused rapist because he’s ‘fairly integrated’
- The Luigi cult is still out there, gushing and festering
- In New York, a tax service company targets illegal aliens as potential customers for child tax credits