Independent journal on economy and transport policy
19:33 GMT+2
French pip BAe in bid for Brazil jet holding
(The Times)
October 26, 1999
By David Lister
A FRENCH backed consortium has pipped a rival offer from British Aerospace and Saab of Sweden to purchase a £120 million stake in Embraer, the Brazilian regional jet company.
The French grouping - consisting of Aerospatiale Matra, Dassault Aviation, Thomson-CSF and state-owned Snecma - will take a 20 per cent stake in the fast-growing ...... Read more on The Times
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