Dubai International Capital has bought a 3.12% stake in EADS (European Aeronautic, Defence and Space) for an undisclosed sum.

Although the investment company has not disclosed the transaction terms the stake was worth €614m at yesterday’s closing price, online news service Bloomberg reported.

The purchase will make Dubai International the fifth largest shareholder of EADS, but the investment company says it has no plans to take a board seat or an active role in the company.

EADS makes helicopters, fighter jets, missiles, passenger jets and transport aircraft.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData