Berlin (AFP) Feb 9, 2011
Germany will host a high-level meeting on the future of European aerospace group EADS on February 23, the government said Wednesday, amid reports automaker Daimler wants to sell its 15-percent stake.
"Such a meeting will take place," Chancellor Angela Merkel's spokesman Steffen Seibert told a regular government briefing, confirming earlier press reports.
Seibert did not say exactly who would participate but reports said Finance Minister Wolfgang Schaeuble, Foreign Minister Guido Westerwelle and Economy Minister Rainer Bruederle would attend.
Daimler, the German car giant that holds 15 percent of EADS and 22.5 percent of its voting rights, is preparing its exit, according to the German media.
The firm could even get rid of its holdings this year, the Financial Times Deutschland has reported -- which Daimler has refused to confirm or deny.
According to business daily Handelsblatt, Berlin is "urgently" seeking another German investor in EADS, which owns aircraft maker Airbus.
"There are already negotiations with different investors, including German subcontrators of EADS," the newspaper quoted a government source as saying.
On Monday, Seibert told reporters that Germany was "in intense dialogue" with France over the fate of EADS.
Share This Article With Planet Earth
The Military Industrial Complex at SpaceWar.com
Learn about the Superpowers of the 21st Century at SpaceWar.com
Russia rebuffs US call for new arms talks
Moscow (AFP) Feb 7, 2011
Russia said Monday it was premature to set a date for a new round of nuclear disarmament talks on short-range missiles amid pressure from the United States for a quick reduction. US President Barack Obama's administration is keen to launch negotiations over so-called tactical weapons that have remained outside the remit of previous nuclear disarmament agreements. The talks are a part of ... read more
Boeing And Northrop Grumman Submit Proposal For Missile Defense Competitive Contract|
LockMart-Raytheon Team Submits Proposal For GMD Contract
Aegis BMD System Completes Tracking Exercise
NATO Achieves First Step On TBMD Capability
Iran tests anti-ship missiles
Raytheon nabs $145 million deal in Kuwait
Kuwait Awards Contract To Raytheon For Patriot GEM-T Missiles
LockMart Receives Contract For Long Range Anti-Ship Missile Demonstrations
Bat-winged drone bomber in test flight: US Navy
UA Engineers Study Birds And Bees To Design Robust Unmanned Vehicles
AeroVironment Receives Order For Raven UAS Digital Module Upgrade Kits
New US drone spy cameras fail Air Force test: study
USAF Selects Northrop Grumman To Research SOA IT For Integrated Air And Space Command And Control
Boeing Tests New Ka-band SATCOM Antenna System
Raytheon to supply radios to Aussie army
RAF Begin Training With US On Intelligence Aircraft
Boeing pushes for multi-weapon Avenger
Integration Of First Complete Ground / Air Task Oriented Radar (G/ATOR) System
Raytheon Team To Develop Tool To Reduce Radar Interference From Wind Farms
Navy Test Pilot Completes First F-35 Flight
Germany to host EADS meeting Feb 23: Berlin
Indian Air Force Celebrates Induction Of First C-130J Super Hercules
U.K. on shortlist of Brazil arms suppliers
Russia rebuffs US call for new arms talks
Walker's World: Europe fails again
Britain still a world power despite cuts: Cameron
Japan's Kurils anger 'disappoints' Russia
NATO chief warns Europe over defence cuts
'Air laser' could find bombs at a distance
ONR Achieves Milestone In Free Electron Laser Program
US Office Of Naval Research Achieves Milestone
Navy test fires electromagnetic cannon
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement|