BAE merger deal called off
Major defence firms BAE and EADS are blaming politicians for the collapse of their £25bn merger deal.
Labour: 'Fresh plan' needed after BAE deal collapse
Shadow Defence Secretary Jim Murphy has urged government ministers to "urgently convene" talks to "develop a fresh defence industrial plan" after the proposed BAE-EADS merger was called off.
Mr Murphy said:
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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.
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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.
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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.