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Publish Date : 04-Dec-2012

France and Germany held talks on EADS over the weekend and appeared very close to agreeing a new shareholder structure for Europe\'s largest aerospace group, people familiar with the matter said.

One person briefed on the Paris talks said they focused on capping state shareholdings in EADS at 30 percent, giving France and Germany voting shares of 12 per cent each and Spain a voting share of 4 percent inside a core state shareholder group.

This would leave a 2 per cent buffer of voting stock that states could still possibly acquire later, the person said, echoing a report in Frankfurter Allgemeine Zeitung (FAZ).

Spain currently owns 5.5 per cent.

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