Airbus Group announced yesterday that it is “pursuing disposal options for its investment in Dassault Aviation.” Airbus’s 46-percent share gives it no power in decision making and is only a legacy of the share the French state used to have in Dassault. The Dassault family, via the GIMD holding company, owns slightly more than 50 percent of the manufacturer of the Rafale fighter and the Falcon business jets. Investor activist group TCI estimates that Airbus’s share in Dassault is worth €5 billion.
Airbus Seeks To Divest Minority Share in Dassault Aviation
- July 31, 2014, 6:00 PM