EADS-BAE tie-up in the air, 17 days to decide
- Published: 23 Sep 2012 at 10.48
- Online news: World
European aero groups EADS and BAE Systems have 17 days to reveal if their wedding is on or off, and their efforts to get to the church on time now depend on the German and French governments.
An Astute class nuclear submarine is brought out of the Devonshire Dock Hall at the BAE Systems production plant in Barrow-in-Furness, in 2007. European aero groups EADS and BAE Systems have 17 days to reveal if their wedding is on or off, and their efforts to get to the church on time now depend on the German and French governments.
But German Chancellor Angela Merkel and French President Francois Hollande did not use a meeting in Germany on Saturday to reach a decision, with an October 10 deadline hanging over them under British market rules for mergers and takeovers.
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