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EADS jumps on talk of China stake interest: traders

Thu Mar 27, 2008 12:34pm EDT
 
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LONDON/PARIS (Reuters) - Shares in European aerospace and defense group EADS (EAD.PA: Quote, Profile, Research, Stock Buzz) jumped as much 3.9 percent late on Thursday on talk that China was interested in building a stake in the company, traders said.

EADS was up 3.2 percent at 15.01 euros at 12:28 p.m. EDT to make it the second-biggest gainer on France's CAC 40 .FCHI, which was up 0.9 percent.

No immediate comment was available from EADS.

(Reporting by Sitaraman Shankar, Amanda Cooper and Blaise Robinson)

 

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