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French authorities investigate Airbus over alleged fraud


French authorities have opened a preliminary investigation against Airbus over alleged fraud, bribery, and corruption, the plane maker on Thursday announced, expanding a UK corruption probe.

Airbus has been informed by French financial authority Parquet National Financier that it had coordinated with UK's Serious Fraud Office to investigate on the matter.

The Toulouse, France-based company said it will fully cooperate with both authorities.

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