A minister denied today that "discord" between the UK, France and Germany was behind the collapse of a £28 billion merger of defence company BAE Systems and rival EADS.
Business minister Lord Marland insisted the Government had "very positive" relationships with France and Germany and that had not influenced the outcome.
The two companies will remain as independent companies each with a significant presence in the UK. The Government was clear that the merger would only ever work if it met the interests of all the parties involved.
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.
The EADS and BAE mega merger is not going to go ahead, at least for now.
Talks between the two major defence companies continued into the night as they look to strike a deal.