Insight: Embraer-EADS Consortium To Take Major Stake In OGMA
The Embraer-EADS consortium Airholding SGPS S.A. plans to take a 65% stake in OGMA, a maintenance firm Portugal is privatizing, for EUR11.4 million (US$15 million). Embraer holds 99% of Airholding, and EADS can expand its current 1% stake to 30% in the future. OGMA offers maintenance and repair of...
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