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EADS in merger talks with BAE Systems

Airbus owner EADS has confirmed it is in talks with BAE Systems over a potential merger.

Airbus owner EADS has confirmed it is in talks with BAE Systems over a potential merger. EADS and BAE said in statements Wednesday they are in discussions about a possible combination of the businesses. “The potential combination would create a world leading international aerospace, defense and security group with substantial centers of manufacturing and technology excellence in the UK, USA, France, Germany and Spain as well as in Australia, India and Saudi Arabia,” the BAE ...

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