Airbus has sold its 26.8% stake in Patria back to the company, the Finnish firm announced on 9 December, leaving the group entirely in state hands. In a statement Patria said that it would look for another partner for future operations. "The state recognises the input of Airbus over the years of business co-operation," Eero Helioevaara, director general of the government steering group, said in the statement. "Industrial partnership has proved an effective way for Patria to engage in international business. Therefore, the state considers it important to find a new industrial partner for Patria as minority shareholder to enhance the further development of the company's business. The current solution is only temporary in nature and the state owner will initiate measures with Patria to seek a new minority partner early next year."
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