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VIPsight

Corporate Governance – portrayed in the individual cultural and legal framework, from the standpoint of equity capital.

VIPsight is a dynamic photo archive, sorted by nations and dates, by and for those interested in CG from all over the world.

VIPsight offers, every month:
transparent and independent current information / comments / facts and figures on corporate governance locally and internationally,

  • written by local CG experts,
  • selected and structured by the Club of Florence,
  • financed by its initiator VIP and other sponsors with a background of “Equity and Advisory” interests.
     

VIPsight International


 

VIPsight - November 2012


COMPANIES


Entry of the federal government to EADS more concrete

Two weeks after the failed merger with BAE Systems, the planned entry of the German government to the European Aeronautic Defence and Space Company (EADS) is back on the agenda. On 25 October, the budget committee of the Bundestag cleared the way for more state involvement.  According to participants, it freed a previously blocked sum of 1.6 billion euros to hedge the risk of the transaction, in which the federal government is to acquire up to twelve percent of EADS shares through the Bank for Reconstruction (KfW). The shares would cost the federal government about three billion euros. As is evident from a report by the Federal Ministry of Economics to the budget committee of the Bundestag, Berlin wants to maintain the balance of power between France and Germany only if Daimler successively withdraws from the Airbus parent company. The carmaker wants to quickly sell its 7.5 per cent; in addition the Dedalus private investors want to part with a 4.5 percent share.