Late yesterday EADS confirmed BAE Systems’ announcement regarding a possible combination of the two companies, although stated that the possible combination is subject to the approval of the Board of EADS and there can be no certainty that these discussions will lead to a transaction. A further announcement will be made as appropriate, said EADS. Early yesterday BAE Systems commented, following the recent movement in its price, that it was in discussions with EADS regarding a possible combination of their businesses. “This potential combination would be implemented through the creation of a dual listed company structure, under which both companies

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In
   
Forgot password? Click here to reset
New User? Click here to register