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Share Name Share Symbol Market Type Share ISIN Share Description
Bae Systems Plc LSE:BA. London Ordinary Share GB0002634946 ORD 2.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -17.70 -3.53% 483.90 485.40 485.80 499.10 482.00 492.00 18,375,219 16:35:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Aerospace & Defence 19,277.0 1,596.0 40.7 11.9 15,578

EU Clears BAE Systems To Buy Remainder Of BVT Surface Fleet

27/10/2009 10:55am

Dow Jones News


Bae Systems (LSE:BA.)
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The European Commission Tuesday cleared U.K. defense firm BAE Systems PLC (BA.LN) to buy the remaining 45% of its shipbuilding and naval support joint venture with VT Group (VTG.LN).

The joint venture, BVT Surface Fleet Ltd., was set up in June last year. VT, a U.K.-based defense and support services company, had a put option on the sale of its part of BVT for at least GBP380 million from July 2009.

-By Carolyn Henson, Dow Jones Newswires; +32 2 741 1481; carolyn.henson@dowjones.com

 
 

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