Airbus stake worth less than expected

BAE Systems was today coming to terms with the surprise verdict on the worth of its 20% stake in European planemaker Airbus.

Airbus stake worth less than expected

BAE Systems was today coming to terms with the surprise verdict on the worth of its 20% stake in European planemaker Airbus.

The defence and aerospace giant will be paid €2.75bn for the holding, much less than City analysts had been hoping for.

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