Complex sentence: EADS Astrium was created on 16 June 2003, when Astrium was renamed EADS Astrium.The old minority shareholder, BAe Systems, sold its 25% share to European Aeronautic Defence and Space Company, making EADS sole shareholder.
Split into simpler sentences: EADS Astrium was created on 16 June 2003, when Astrium was renamed EADS Astrium. The former Astrium minority shareholder, BAE Systems, sold its 25% share to European Aeronautic Defence and Space Company, making EADS sole shareholder.