EADS looking at acquisition targets in emerging markets and US
EADS Chief Strategy and Marketing Officer Marwan Lahoud stated the company is looking at acquisition targets with a priority on emerging markets and the US (Le Monde/Reuters, 03-Jun-2011). Mr Lahoud stated EADS has given management approval to look externally for growth opportunities as the effects of the global economic crisis are reduced.
EADS: "I would not exclude acquisitions from now to the end of the year, which could each be worth a billion dollars. We are looking at multiple opportunities that could come to fruition around the same time," Marwan Lahoud, Chief Strategy & Marketing Officer. Source: Le Monde/Reuters, 03-Jun-2011.