Arab Today, arab today german interest in eadsbae deal remains unclear
Last Updated : GMT 10:35:06
Arab Today, arab today
Arab Today, arab today

German interest in EADS/BAE deal remains unclear

Arab Today, arab today

Arab Today, arab today German interest in EADS/BAE deal remains unclear

Paris - AFP

Talks over a planned merger of European aerospace giant EADS and British defence group BAE Systems are progressing but Germany\'s intentions in the resulting super-firm remains unclear, sources said Tuesday.   The merger of EADS, which controls aircraft maker Airbus, with BAE, Europe\'s number one defence firm, is \"still feasible\", an industry source tracking the negotiations told AFP. In Germany, where the government has expressed reservations on the merger, a \"majority of people from all parties want it to succeed,\" he added. German media have been speculating that Berlin planned to take a stake equal to one held by France in the merged company, a move which could have jeopardised tie-up plans. But French newspaper Le Figaro, citing \"a good source\" Tuesday, said Germany would not seek a stake in the new company. \"The German state is not asking for a stake\" as part of demands that it has put forward to EADS in merger negotiations, Le Figaro said. EADS would not comment on the report. Another source close to the negotiations told AFP that the idea of the German government investing at the same amount as France \"is still on the table\". Beyond guarantees on jobs, the industrial sites, research and development, Berlin is rather seeking greater representation in the new firm, such as \"for example the number of German administrators\", according to someone close to EADS quoted by Le Figaro. Moves by France and Germany to seek a stake in the new firm could torpedo the merger plan, as it is aimed partly as loosening sovereign control in order to facilitate winning defence contracts in the United States. The US is highly sceptical of handing out defence contracts to semi-public foreign companies. Berlin, Paris and London -- which has a \"golden share\" in BAE Systems -- each have a veto right on the merger negotiations. \"The United States, a major BAE Systems client ... would not accept a significant increase of national participation at a Pentagon supplier,\" the source close to negotiations added. Despite unknowns surrounding to what extent, if any, each nation wants to retain a share of the new firm, sources said negotiations were proceeding well. EADS and British arms manufacturer BAE Systems announced plans on September 12 to create a $45-billion (35-billion-euro) giant to rival Boeing of the United States. The companies have until October 10 to make a formal statement to the authorities to say that the deal is going ahead, being abandoned, or to request a delay. Under the proposal, Germany, France and Britain would each have a so-called golden share with the power to prevent any shareholder from acquiring more than 15 percent of the new entity.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today german interest in eadsbae deal remains unclear Arab Today, arab today german interest in eadsbae deal remains unclear

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today german interest in eadsbae deal remains unclear Arab Today, arab today german interest in eadsbae deal remains unclear

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today US travel restrictions are still 'Muslim ban'

GMT 00:54 2017 Tuesday ,26 September

US travel restrictions are still 'Muslim ban'
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israel builds settlements 'at high rate'

GMT 01:04 2017 Tuesday ,26 September

Israel builds settlements 'at high rate'
Arab Today, arab today Saudi clerics use Twitter, textbooks

GMT 10:13 2017 Tuesday ,26 September

Saudi clerics use Twitter, textbooks
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Personality study finds fish have hidden depths

GMT 00:43 2017 Tuesday ,26 September

Personality study finds fish have hidden depths
Arab Today, arab today 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Botanical gardens a lifeboat

GMT 02:50 2017 Tuesday ,26 September

Botanical gardens a lifeboat
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Chevrolet's first 9-speed auto debuts

GMT 18:58 2017 Monday ,25 September

Chevrolet's first 9-speed auto debuts
Arab Today, arab today Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Mai Kassab happy for participating in new film

GMT 09:33 2017 Friday ,22 September

Mai Kassab happy for participating in new film
Arab Today, arab today Conditions growing dire    

GMT 09:22 2017 Monday ,25 September

Conditions growing dire    

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 16:08 2017 Monday ,25 September

'World's heaviest woman' dies

GMT 12:09 2017 Sunday ,24 September

Taxi! Transport gets an overhaul

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday