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British Aerospace formed as a nationalised corporation |
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British Aerospace privatised, with a foreign share holding limit of 15%. UK Govt holds 48.43% |
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UK Government sells its shares but keeps £1 'golden share' |
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Limit on foreign holding raised to 29.5% |
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Limit on foreign holding raised to 49.5% |
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BAE Systems formed with the merger between British Aerospace
and Marconi Electronic Systems |
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Total foreign shareholding limit of 49.5% abolished Individual foreign shareholding limit of 15% remains in place |