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Jan. 28, 2020, 3:38 a.m. EST

Airbus reaches agreement over corruption probe

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By Giulia Petroni

Airbus SE (AIR.FR) said Tuesday that it has reached an agreement in principle with French, U.K. and U.S. authorities in regard to investigations into allegations of bribery and corruption.

The European plane maker said the agreements are also made in the context of compliance with the U.S. International Traffic in Arms Regulations and are subject to the approval of the French court, the U.K. court and the U.S. court and regulator.

For legal reasons, Airbus said it isn't allowed to make any comment on the details of its discussions with the authorities, which are the French Parquet National Financier, the U.K. Serious Fraud Office and the U.S. authorities.

Write to Giulia Petroni at giulia.petroni@wsj.com

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