September 13, 2012 / 7:36 AM / 6 years ago

Daimler could exit EADS if BAE merger succeeds

FRANKFURT (Reuters) - Should ongoing talks between EADS EAD.PA and British peer BAE Systems (BAES.L) lead to a merger, the Franco-German shareholder pact that ensures a delicate balance of power at the Airbus parent could be dissolved, part-owner Daimler (DAIGn.DE) said on Thursday.

This would open up the possibility for Daimler to finally exit its stakeholding in EADS, a spokesman for the German automotive group said in a statement.

“Since the planned transaction would also be linked to a possible dissolution of the Shareholder Pact, all options would be open to us in principle — including the possibility of selling our stake on the open market,” he said in an emailed statement.

Reporting By Christiaan Hetzner

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