
Arms manufacturer renews hopes for negotiated deal as City sees share price fall
The Guardian
BAE is pressing the Serious Fraud Office this weekend to reopen talks on a possible settlement over corruption allegations in a last-minute bid to head off a damaging court case.
Britain’s biggest arms manufacturer saw its share price fall two days in a row last week as the City reacted negatively to the SFO’s decision to seek formal permission to start legal proceedings against the company.
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