EADS hit by Germany, France shareholder moves


BRUSSELS: Accelerated efforts by Germany and France to rearrange stakes in EADS knocked shares in the Airbus parent on Friday as investors fretted about surplus stock and state interference.

In the latest twist to rapidly unfolding events since merger talks with BAE Systems collapsed last month, German newspaper Handelsblatt reported France could sell 3% of EADS to Germany to help bring Berlin on board as a shareholder.

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