BAE-EADS: Angela Merkel blamed for collapse of £28bn merger
Posted by seumasach on October 11, 2012
The wider geo-strategic background to this is that Britain has no intention of becoming part of Federal Europe and would inhibit any projected independent European defence capability
11th October, 2012
The €35bn (£28bn) mega-merger between BAE Systems andEADS collapsed as a result of personal opposition from the German chancellor, Angela Merkel, and despite a series of 11th-hour interventions from Downing Street officials and their counterparts in Paris and Berlin attempting to keep the deal alive.