BAE - EADS merger?

Oberon · 10-09-12, 12:27 AM

According to a side column on todays issue of The Times, there's a last-ditch attempt today to create a merger of BAE and EADS, creating the biggest aerospace and defence company in the world.
The shareholders seem dubious about it, and Leon Panetta wants to keep long term contracts with BAE in place in case of a merger, but our Defence minister, Hammond seems quite in favour of it, and the two will be talking at todays NATO conference apparently.
If this merger goes ahead, the result will certainly be a heavyweight on the global arms trade.

http://www.bbc.co.uk/news/business-19879916

10-09-12, 12:27 AM	#1
Oberon Lucky Jack Join Date: Jul 2002 Posts: 25,976 Downloads: 61 Uploads: 20	BAE - EADS merger? According to a side column on todays issue of The Times, there's a last-ditch attempt today to create a merger of BAE and EADS, creating the biggest aerospace and defence company in the world. The shareholders seem dubious about it, and Leon Panetta wants to keep long term contracts with BAE in place in case of a merger, but our Defence minister, Hammond seems quite in favour of it, and the two will be talking at todays NATO conference apparently. If this merger goes ahead, the result will certainly be a heavyweight on the global arms trade. http://www.bbc.co.uk/news/business-19879916