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To: lowbuck
Interesting how after all the hype about getting away from government ownership the French government wants to increase it's stake while BAE has dumped it and Daimler wants to reduce shares.

Of course, in euro eyes there's no subsidy or unfair advantage involved...

3 posted on 12/01/2006 9:10:53 AM PST by norton
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To: norton
Interesting how after all the hype about getting away from government ownership the French government wants to increase it's stake while BAE has dumped it and Daimler wants to reduce shares.

Don't forget the recent Russian buy-in. "Vneshtorgbank, a state-owned Russian Bank, has taken an equity position of a little over 5 percent in EADS, the parent of Airbus – buying up shares in the open market. http://www.themanufacturer.com/us/detail.html?contents_id=4658

That's another 5% government ownership.

12 posted on 12/01/2006 12:05:09 PM PST by PAR35
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