EADS and BAE Systems are facing even stronger headwinds for their merger plans 10 days before the U.K. Takeover Panel's Oct. 10 deadline for the project, with the CEO of major EADS shareholder Lagardere issuing a public statement demanding significant changes to the negotiated arrangements. Lagardere CEO Arnaud Lagardere says that “despite the industrial and strategic logic attributed to it, this plan has not yet demonstrated that it was creating value for EADS.” Therefore, “Lagardere ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must be a paid subscriber to access "Lagardere Has Second Thoughts About EADS/BAE Systems Merger".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.