Hammond: 'Too difficult' to reconcile differences of Governments
Defence Secretary Philip Hammond said the merger of defence giant BAE Systems and European rivals EADS collapsed because it was "too difficult" to reconcile the differences of the governments involved.
BAE board under pressure following EADS merger collapse
It has not taken long since the collapse of the proposed merger with Franco-German company EADS for the BAE board to be put under pressure.
BAE mega merger called off...at least for now
The EADS and BAE mega merger is not going to go ahead, at least for now.
BAE and EADS merger deal 'on a knife edge'
Talks between the two major defence companies continued into the night as they look to strike a deal.