Sunday, 15 November 2009

EADS in talks over Abu Dhabi investment

Airbus parent EADS is in talks over investment in its European manufacturing business with Abu Dhabi’s Mubadala Development Co, its CEO said on Sunday, as the pair signed two production accords.

“We are discussing with Mubadala investment in Europe in our fields of activities,” Louis Gallois told reporters at Dubai Airshow.

Gallois said discussions with Mubadala, an investment agency of the Abu Dhabi government, are about investment in the civilian field, without going into further detail.

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