Chief says Aerospatiale can enhance a merger

Article Abstract:

Aerospatiale SA's chairman, Yves Michot, said that a union among his firm, British Aerospace PLC of the UK and Daimler-Benz Aerospace AG (Dasa) of Germany will better serve Europe's interest. The statement by the Frnce-based company is seen as an indication that it wants to be a part of European defense industry's impending reorganization. However, the French government is yet to give anything substantial regarding its plan to privatize state-owned Aerospatiale, the major issue of contention for both Dasa and British Aerospace.

Comment:

Its union with Aerospatiale SA and British Aerospace PLC will better serve Europe's interest

Europe, Acquisitions & mergers, Aircraft & Parts, Aerospace Product and Parts Manufacturing, BAE SYSTEMS PLC, DaimlerChrysler Aerospace AG, Aerospatiale S.A., Article

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Kaufman & Broad may sell part of French affiliate

Article Abstract:

Kaufman & Broad Home Corp. is planning to sell off a portion of its operations in France during the first-half of 2000. The plan is part of the company's wide-ranging overhaul which is designed to improve its low share value. Kaufman & Broad's operations in France made up 10% of the company's $2.5 billion (2.39 billion euros) in revenues during the 1998 year.

Strategy & planning, Wood Buildings & Mobile Homes, All Other Wood Product Manufacturing, France, Construction industry, Planning, Abstract, KB Home Corp.

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