Reported plans to streamline the ownership structure of EADS are unlikely to “materially improve corporate governance issues at the aerospace company,” according to Fitch Ratings.
Reported plans to streamline the ownership structure of EADS are unlikely to “materially improve corporate governance issues at the aerospace company,” according to Fitch Ratings (ATW Daily News, Nov. 21). “The changes will not alter the perception that EADS is a state-controlled corporation, which restricts its chances of winning large export defense contracts, but they would bolster the finances of major shareholder Daimler,” the ratings agency said. It argued ...
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