Political demands could “make or break” BAE-EADS merger
PARIS (Reuters) – Efforts to create a new European defense giant enter a perilous political phase this week, with national concerns growing over security and jobs while BAE Systems and EADS look ready to scrap their $45 billion merger if governments make too many demands. After the companies laid out basic proposals to create the world’s biggest arms company twinned with jetmaker Airbus, it is the turn of British, French, German and Spanish governments to put forward demands in exchange for giving their backing. . . .
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