on 2 july 2006 rothschild valued bae's stake at £1.9 billion (€2.75 billion), well below the expectation of bae, analysts, and even eads. on 5 july bae appointed independent auditors to investigate how the value of its share of airbus had fallen from the original estimates to the rothschild valuation; however in september 2006 bae agreed to the sale of its stake in airbus to eads for £1.87 billion (€2.75 billion, $3.53 billion), pending bae shareholder approval. on 4 october shareholders voted in favour of the sale, leaving airbus entirely owned by eads.