23-Mar-2011 2:11 PM
Latecoere considering three takeover bids
Analysis
Latecoere announced that it is considering three competing takeover bids. The French aerospace company manufactures doors for Airbus and Boeing passenger aircraft, but had net debt totalling more than EUR350 million at the end of Jun-2010. GKN Aerospace, China's AVIC and Fokker-Stork are reportedly among the short-list of potential bidders.
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