Airbus may spin off German sites before sale-paper

Newswire

FRANKFURT, March 22 (Reuters) - European plane maker Airbus is considering spinning off its sites in Germany as a temporary solution before selling them, a German newspaper reported on Saturday. German EADS sites in Varel, Nordenham and possibly also Augsburg could be moved to an independently managed subsidiary as an intermediate step, before a sale at a later stage, Sueddeutsche Zeitung reported, citing industry sources. Talks to sell the production site in Laupheim were continuing, the ...

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