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News Digest: BAE shareholders allow IFRS change for deal.(International Financial Reporting Standards)(BAE Systems Plc)(Brief Article)

Finance Week

| May 18, 2005 | COPYRIGHT 2005 Centaur Communications Limited. (Hide copyright information)Copyright

BAE, the defence contractor, held an extraordinary general meeting last week to enable it to buy US rival United Defence Industries for #2.19bn. Shareholders backed board proposals to amend its articles of association, cutting out International Financial Reporting Standards IAS 19, 32 and 39 from the calculation of …

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