EADS EGM scheduled for first quarter: source

Published December 06, 2012

| Reuters

EADS will call an extraordinary general meeting in the first quarter of next year to seek approval of a planned overhaul of its shareholders structure, a source at the German economy ministry said on Thursday.

Nations in EADS on Wednesday agreed on the biggest shake-up of the European aerospace group since it was founded over a decade ago, opting after years of uneasy cohabitation to put its board and most of its shares beyond public control.

(Reporting by Markus Wacket; Writing by Maria Sheahan)

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