Showing posts with label Aerospace. Show all posts
Showing posts with label Aerospace. Show all posts

Wednesday, October 10, 2012

BAE Systems faces uncertain future after collapse of EADS merger talks


The proposed £30bn merger between BAE Systems and EADS may have collapsed but uncertainty still reigns for Britain’s defence giant.


The proposed £30bn merger between BAE Systems and EADS may have collapsed but uncertainty still reigns for Britain’s defence giant.
The companies’ decision to abandon talks has left many fearful that BAE is now more vulnerable to a takeover bid or a break-up.
The company claimed yesterday that it would carry on as it was before, building up its existing businesses and expanding in its international markets. But that no longer seems to be a luxury the company can afford.