Tuesday, October 18, 2005

BBA rumoured to be thinking of hiving off divisions

BBA, the UK-listed engineering group, has been the subject of break-up speculation according to reports. BBA is looking to sell its non-woven plastics business. BBA wants to be reclassified as an aerospace company, as such groups are usually rated higher than engineering groups. BBA\\\'s other division provides services for corporate jets. The company has a market capitalization of �1.40bn.

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