MATRA TO TAKE 20% OF GEC’S MARCONI UNIT

Under the outline agreement for GEC Plc to take a 20% stake in Matra SA’s space and defence subsidiary (CI No 1,138) – with Daimler-Benz AG taking 20% also – Matra will take 20% or so of GEC’s Marconi units, and of Deutsche Aerospace.

Under the outline agreement for GEC Plc to take a 20% stake in Matra SA’s space and defence subsidiary (CI No 1,138) – with Daimler-Benz AG taking 20% also – Matra will take 20% or so of GEC’s Marconi units, and of Deutsche Aerospace.