Day: October 10, 2012

Crucial defence merger talks break down

Media sources are reporting that the much-discussed merger between BAE Systems and EADS has been abandoned. Speculation had been rife that officials brokering the deal would seek an extension this afternoon (10 October), however it has been reported that no extension has been sought and the deal is effectively dead.

BAE/EADS merger deadline today

Officials have until 5pm today (10 October) to reach a deal regarding the merger between BAE Systems and EADS. It is believed that an extension to the deadline is being sought on the £28 billion deal which will create the world’s largest defence and aerospace organisation, as politics between the

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