Airbus (Toulouse, France) reports that a joint venture group consisting of Diehl Stiftung and Go. KG (Nuremberg, Germany) and Thales (London, U.K.) signed a contract for the purchase of Airbus' site in Laupheim, Germany, on Aug. 1. Assuming the transaction passes muster with antitrust authorities, all operational business and assets of the Laupheim site will be integrated, beginning Oct. 1, this year, into an independent joint venture company, of which Diehl will own 51 percent and Thales 49 percent. Thales is part of the Diehl Group's Aerosystems corporate division.
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