30th Mar 2007 14:26
BAE SYSTEMS PLC30 March 2007 BAE Systems completes sale of 25% interest in SELEX 30 March 2007 Further to the announcement on 29 April 2005 regarding completion of theEurosystems transaction with Finmeccanica, the sale of BAE Systems' 25% interestin SELEX Sensor and Airborne Systems SpA has now taken place, following theexercise by Finmeccanica of its call option. The consideration for the sale ofthis interest, payable in cash, is estimated to be £280 million, including BAESystems' entitlement to profits up to the date of disposal, which are subject toconfirmation. Issued by:BAE Systems plcLondon This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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