By Paul Sandle and Rhys Jones – Britain’s BAE Systems and Airbus-owner EADS are in advanced merger talks to create a combined group worth US$48-billion, overtaking Boeing as the world’s biggest aerospace and defence company in terms of sales.
“On the face of it this will create one of the largest aerospace and defense organizations on the planet, depending on how much they have to spin out to get this past regulators,” said Guy Anderson, Senior Principal Analyst, IHS Jane’s Defence Industry.
“It could change the European defence market beyond recognition.” more> http://tinyurl.com/9lnwfun
- BAE-EADS merger could create Europe giant to take on Boeing (theweek.co.uk)
- BAE Systems in talks with EADS over merger (standard.co.uk)
- EADS and BAE: A Giant in the Making (businessweek.com)
- EADS and BAE propose EU-based merger to rival US defense giants (rt.com)
- BAE Systems and EADS Say They Are in Merger Talks (dealbook.nytimes.com)
- BAE, EADS in merger talks to create aerospace giant (business.financialpost.com)
- BAE And EADS Shares Plunge Amid Merger Talks (news.sky.com)
- Germans talks with EADS over BAE merger plans (thelocal.de)
- BAE and EADS in merger talks as Woodford site closes (leaderswedeserve.wordpress.com)
- Daimler could exit EADS if BAE merger succeeds, Reuters