Europe

AIRBUS TO BUY SATAIR

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AIRBUS TO BUY SATAIR

Airbus has agreed to acquire Danish aircraft parts distributor Satair for more than $500 million. Shares in Satair rose 22.8% on the news in Copenhagen. Airbus will offer Satair shareholders 580 Danish crowns in cash and warrant holders 378.66 crowns in a tender to be backed by Satair’s board. Wit...

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