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Aircraft and industry. EADS and BAE ditch their merger

London, United Kingdom - According to the two companies, it was not possible to find an agreement with the German government

"Much Ado About Nothing": this could be a good title to describe the much-discussed merger between EADS and BAE Systems, which would have created a giant of the aerospace sector with a revenue of 70 billion Euro per year. The mega-operation will not take place, in a joint press bulletin the two companies have declared they have ditched the deal. According to BAE Systems chief executive officer Ian...

AVIONEWS - World Aeronautical Press Agency - 1146261
Rome, Italy, 10/10/2012 17:57
AVIONEWS - World Aeronautical Press Agency

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