EADS seeks disposals more than buys in defense, space review

LONDON (Reuters) – European aerospace group EADS will focus more on selling assets to simplify its business than on acquisitions as it reviews its defense and space activities, the sales chief of its Cassidian defense unit said. EADS announced in July it would combine its defense and space subsidiaries and rename the group after its Airbus aircraft making brand, starting from January 1. The …

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