P525ORACLE 525 Mon10 Feb C4 1711:14   EUROPEANS FAIL IN  WESTLAND SHARE BID The European consortium has failed in its bid to win a 20.2% stake in the Westland helicopter company. The consortium launched its bid to woo the company's small shareholders nearly two weeks ago, offering 130p a share when the market price was 110p. That offer now lapses but a spokesman for the Europeans said they were "by no means despondent" about the outcome of Wednesday's meeting of shareholders. The rival Sikorsky-Fiat rescue needs the backing of 50.1% to succeed. City headlines 500 Newsfile 520  HOLIDAYS ABROAD 581 & 582