Airbus to Sell Shares in Alestis to Aciturri
02 April 2019 - 3:44AM
Dow Jones News
By Cristina Roca
Airbus SE (AIR.FR) has agreed to sell its shares in Alestis
Aerospace to Aciturri, it said Monday.
Aciturri, a Spanish aerospace company, will hold 76% of shares
in Alestis, while Spanish state-owned industrial-holding company
Sociedad Estatal de Participaciones Industriales will hold the
remaining 24%, the plane maker said.
Alestis is a Spanish aerostructures supplier. In 2018, it had
revenue of 283 million euros ($317.4 million), Airbus said.
No financial details were disclosed.
Write to Cristina Roca at cristina.roca@dowjones.com
(END) Dow Jones Newswires
April 01, 2019 12:29 ET (16:29 GMT)
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