German indifference helps sink EADS, BAE deal

Aerospace and defence firms BAE Systems and EADS announced on the 10 October 2012 that they had decided to cancel their planned merger, after talks were thwarted by political deadlock and, it is said, fundamental opposition from the German government.

ESO: Background information: Paris and Berlin seek EADS assurances http://www.europeansources.info/record/paris-and-berlin-seek-eads-assurances/

ESO: Background information: EADS, BAE in talks to create European aerospace giant http://www.europeansources.info/record/eads-bae-in-talks-to-create-european-aerospace-giant/

BBC News, 10.10.12: BAE-EADS merger cancelled amid political impasse http://www.bbc.co.uk/news/business-19897699

France24, 10.10.12: EADS and BAE’s $45bn merger talks collapse http://www.france24.com/en/20121010-eads-bae-merger-talks-collapse-aerospace-france-germany-uk-business

Deutsche Welle, 10.10.12: Talks to form world's biggest aircraft firm stall http://www.dw.de/dw/article/0,,16296282,00.html

Spiegel Online International, 10.10.12: EADS Blames Germany for Failed Merger with BAE http://www.spiegel.de/international/business/eads-merger-with-bae-called-off-as-blame-aimed-at-germany-a-860568.html

Spiegel Online International, 11.10.12: EADS-BAE Failure a Wasted Chance for Europe http://www.spiegel.de/international/business/eads-bae-merger-failure-is-bad-politics-say-german-papers-a-860741.html

The Economist, No.8806, 13.10.12: The proposed merger of BAE Systems and EADS. Kaputt http://www.economist.com/node/21564569

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