BAE Systems jettisons Air Astana stake
BAE SYSTEMS (BA.) – Aerospace & Defence Price: £16.73 +0.5% P/E: 23.7x Market Cap: $49.6bn Yield: 2.1% Defence group BAE Systems has offloaded the majority of its stake in Kazakh airline AIR ASTANA (AIRA) through the sale of nine million GDRs (global depository receipts) at a price of $5.80 each, raising $52.2 million. The stake … Continue reading BAE Systems jettisons Air Astana stake
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