EADS: 'A pity' BAE merger talks called off

Tom Enders, Chief Executive of EADS, said it was "of course, a pity" the merger did not succeed:

I'd like to thank everybody who supported us, in particular all the colleagues at BAE Systems and EADS for all their hard work and dedication to this project in recent months.[...] It is, of course, a pity we didn't succeed but I'm glad we tried.

I'm sure there will be other challenges we'll tackle together in the future.

Advertisement

BAE merger deal called off

Major defence firms BAE and EADS are blaming politicians for the collapse of their £25bn merger deal.