Airbus Reaches Deal to End Long-Running Global Corruption Probe - News Summed Up

Airbus Reaches Deal to End Long-Running Global Corruption Probe


LONDON—Airbus SE has reached a preliminary agreement with fraud agencies in the U.S., U.K. and France over a longstanding investigation into bribery and corruption. The European plane maker said Tuesday it had reached in principle a so-called deferred prosecution agreement that allows the company to avoid formal charges and requires it to pay what is expected to be a record fine.


Source: Wall Street Journal January 28, 2020 07:16 UTC



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