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  1. News - World - DEFENCE

    BAE could be takeover target after merger fails

    Posted Oct 11th 2012, 10:23am by Reuters in Berlin and London

    ... Reuters in Berlin and London Europe’s two biggest aerospace firms will go back to the drawing board to find new strategies after Germany stymied the world’s biggest arms and aviation company merger. Britain’s BAE Systems, which earns nearly half its revenue selling arms to the Pentagon, could end up a takeover target after failing to seal its US$45 billion deal ...

    http://www.scmp.com/news/world/article/1058476/bae-could-be-takeover-target-after-merger-fails

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