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Germany eyes 15% stake in EADS

18-Feb-2011 10:21 AM

Daimler reportedly offered to sell a 7.5% stake in EADS to Germany, according to a source in the German government (Financial Times/Reuters, 17-Feb-2011). Daimler controls 15% of EADS. No decision has been made by German authorities, and Daimler and EADS have declined to comment on any sale speculation. Germany is reportedly interested in proposals to acquire up to a 15% stake in EADS, with the other shares to be acquired from a banking group.