Saturday, July 08, 2006

KPMG Wins Key Valuation of Airbus Stake


It appears that KPMG has won a surprise high profile valuation engagement for valuing BAE System's 20% stake in Airbus. BAE will be exercising its put option to sell its share to the 80% holder EADS, which would make EADS the sole shareowner of Airbus...


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