Friday, May 18, 2007

Dubai's Ruling Sheikh May Buy Stake in Airbus Owner, Says Dell Undervalued

(Bloomberg) -- Dubai's ruler, whose holdings range
from Deutsche Bank AG to port operator Peninsular & Oriental Steam
Navigation Co., may invest in the owner of planemaker Airbus and
reckons Dell Inc. is undervalued.

Dubai International Capital LLC, a buyout firm controlled by
the sheikh, ``probably'' will buy a stake in Airbus owner European
Aeronautics, Defence & Space Co., Chief Executive Officer Sameer
al-Ansari said in an interview in Jordan today. The company has
``not got around'' to assessing an investment in Dell, he said.


Read more at Bloomberg Stocks News

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