BAE Systems buys 29% stake of combat vehicle maker Alvis
BAE Systems said Aug. 22 it had reached an agreement with GKN to buy that company's 29 percent stake in Alvis, one of Europe's leading combat vehicle manufacturers. The price for the shares totaled $73 million pounds ($115 million). GKN obtained the 29 percent stake in Alvis in 1998 as part of a...
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