Friday, May 18, 2007

Dubai International Actively Considering EADS Stake, Says Dell Undervalued

(Bloomberg) -- Dubai International Capital LLC, a
private equity company owned by the emirate's ruling sheikh, is
```actively'' considering buying a stake in European
Aeronautics, Defence & Space Co., owner of plane-maker Airbus
SAS.

``Probably we will invest'' in EADS if the Paris-based
company's management demonstrates it understands its cost
problems, Chief Executive Officer Sameer al-Ansari said in an
interview in Jordan's Dead Sea resort today. Al-Ansari expects
to make a decision on investment on EADS in ``the next couple
of months.''


Read more at Bloomberg Emerging Markets News

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