The divorce between the UK defence contractor BAE Systems and Airbus is getting messy.
Three weeks ago BAE said it wanted to sell its stake in Airbus to parent company EADS, but it seems they cannot agree on a price.
BAE owns 20% of the world’s biggest civilian plane maker and the Franco-German-Spanish company EADS holds the remaining 80%.
BAE has now said it may call for an independent valuation of its stake. Analysts estimates have ranged from 4.4 billion euros to 6.5 billion.
And it has set a time limit – until the end of May -for a deal to be reached.