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German govt was asked for support in BAE/EADS merger plan - econmin
September 13, 2012 / 7:54 AM / 5 years ago

German govt was asked for support in BAE/EADS merger plan - econmin

BERLIN (Reuters) - The German government has been informed about the plan for Britain’s BAE Systems and Airbus owner EADS to merge and has been asked to give its support, a German economy ministry spokesman said on Thursday.

The spokesman said they were currently looking into all the relevant issues related to a planned merger.

BAE Systems and EADS said on Wednesday they were in advanced talks to create an industry giant that would overtake rival Boeing in sales and contend with defence cutbacks in Europe and the United States.

A newspaper report saying that the government had already given its blessing to the plan has been denied by industry and political sources.

Reporting by Gernot Heller; Writing by Michelle Martin

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