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Europe to lose 10% control of jet fighters

Published: 17 June, 2008, 15:52


SU30-MK (image from www.sukhoi.org)

The European Aeronautic Defence and Space Company (EADS) will sell its 10% stake in Russia's Irkut plane builder as part of a buyout offer called earlier by the United Aircraft Corporation (UAC). The deal will cost UAC around $US90 million.

 
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