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Merger to create one giant European defence company

13.09.12 @ 08:51

  1. By EUOBSERVER

The prospect of one defence company supplying Britain, Germany, France and Spain became realistic on Wednesday when Britain's BAE Systems and Airbus-owner EADS said they are in advanced merger talks. Any merger will be subject to a "number of governmental, regulatory and shareholder approvals," BAE Systems said in a statement.

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