GO
Loading...

Germany declines to comment on EADS-BAE merger talks

Wednesday, 10 Oct 2012 | 7:58 AM ET

BERLIN, Oct 10 (Reuters) - German Chancellor Angela Merkel's government declined to comment on talks on a planned merger between European planemaker EADS and Britain's BAE Systems as negotiations stalled before a deadline on Wednesday.

"Both companies have until 1700 British time to say whether they want to continue the talks, to seek an extension with the UK Takeover Panel. I am not going to comment," Steffen Seibert told a regular government news conference.

The companies were aiming to create the world's biggest arms and aerospace group.

(Reporting by Alexandra Hudson, Noah Barkin)

((Madeline.Chambers@thomsonreuters.com)(+49302885230)(Reuters

Messaging: ann.chambers.reuters.com@reuters.net))

Keywords: EADS BAE/GERMANY GOVT

  Price   Change %Change
BA.
---