EADS jumps on talk of China stake interest: traders

Thu Mar 27, 2008 12:34pm EDT
 
[-] Text [+]

LONDON/PARIS (Reuters) - Shares in European aerospace and defense group EADS (EAD.PA) 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)

 
Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better