DTN News - BAE ~ EADS NEWS: David Cameron On Standby To Save £28bn BAE-EADS Merger
(NSI News Source Info) TORONTO, Canada - October 7, 2012: David Cameron is on standby to try to prevent the collapse of the £28bn merger between BAE Systems and EADS following surprise German demands for the headquarters of the military and aerospace giant to be based in Munich.
The Prime Minister is ready to hold talks with the French president, Francois Hollande, and the German chancellor, Angela Merkel, to settle an agreement between the three governments. Such a move would pave the way for BAE Systems to ask the Takeover Panel for an extension to the Wednesday deadline for a deal to be either agreed or abandoned.
(Read complete story on Defense-Technology News - Click on link undermentioned)
No comments:
Post a Comment