EADS, BAE abandon merger talks

Aerospace and defence companies EADS and BAE Systems have abandoned their merger negotiations after failing to win government backing for the deal

10th October, 2012
A BAE Eurofighter jet

Aerospace and defence companies EADS of France and Britain's BAE Systems have abandoned their merger negotiations after failing to win government backing for the deal.

“Discussions with the relevant governments had not reached a point where both companies could fully disclose the benefits and detailed business case for this merger,” BAE said in a statement today, as a deadline neared with no accord in sight.

The attempt to build an equal to Boeing...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago