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BERLIN, Oct 10- European planemaker EADS has no plans to issue a statement on its planned merger with Britain's BAE Systems on Wednesday morning and the companies have until 1600 GMT time to declare their intentions, said a spokesman.
PARIS, Oct 10- Below are company-related news and stories from French and Benelux media which could have an impact on the region's markets or individual stocks. CAC40 futures are 0.4 percent lower at 0649 GMT PEUGEOT.
PARIS, Oct 10- French media group Lagardere, owner of 7.5 percent of EADS, on Wednesday renewed its support in the management of the Airbus maker after its merger talks with Britain's BAE Systems failed.
By Sophie Sassard and Jason Neely LONDON, Oct 10- EADS and BAE Systems. The European companies have until 1600 GMT on Wednesday to declare their intentions and either scrap their merger or ask UK regulators for more time to finalise their plans to create the world's largest aerospace and arms group.
PARIS, Oct 10- EADS and BAE Systems. The European companies have until 1600 GMT later on Wednesday to declare their intentions and either scrap their merger or ask UK regulators for more time or finalize their plans to create the world's largest aerospace and arms group.
The merger between BAE Systems and EADS was teetering on Tuesday as the chief executive of the British group flew into Toulouse ahead of an expected plea for more time to thrash out a deal. The Telegraph CAMERON: IT'S SINK OR SWIM FOR UK. BAE MEGA-MERGER HANGS IN BALANCE The mega-merger between BAE Systems and EADS.
*Britain, France had proposed state shareholding cap. *Germany demands parity with France, key headquarters. PARIS/ BERLIN, Oct 9- Plans for a $45- billion merger between EADS and BAE Systems veered towards collapse late on Tuesday as Germany appeared ready to block the deal in a row over national stakeholdings.
BRUSSELS, Oct 9- German Defence Minister Thomas de Maiziere on Tuesday declined to comment on the state of negotiations between EADS and BAE Systems but said he knew the situation well and was surprised by media reports about it.
PARIS, Oct 9- EADS is considering taking legal action after a series of media reports about the progress of negotiations with BAE Systems affected its share price, a source familiar with EADS thinking said on Tuesday.
PARIS/ BERLIN, Oct 9- Merger talks between EADS. and BAE Systems have hit a new obstacle over Germany's reluctance to endorse an Anglo-French scheme for handling state shareholdings, several sources familiar with the matter said on Tuesday.
BRUSSELS, Oct 9- British Defence Secretary Philip Hammond said on Tuesday he expects BAE Systems and EADS. to announce before the London stock market opens on Wednesday whether to seek more time for talks on a $45 billion merger.
*Sources say UK, France propose broad state voting cap. *Germany said to maintain demand for parity with France. PARIS/ LONDON, Oct 9- An Anglo-French breakthrough over state shares in a $45 billion arms merger between EADS and BAE Systems made an extension of a negotiating deadline more likely, but put the two nations on a potential collision course with Germany.
BRUSSELS, Oct 9- Discussions on the proposed merger between aerospace firms EADS and BAE have moved forward, but the companies must decide whether enough progress has been made, French Defence Minister Jean-Yves le Drian said on Tuesday.
*Sources say UK, France propose broad state voting cap. *Germany said to maintain demand for parity with France.
Oct 9- British defence company BAE Systems. declined to comment on a German DPA news agency report on Tuesday that said its $45 billion merger talks with Airbus parent firm EADS had collapsed. The two companies are working toward a Wednesday deadline by which they must inform the UK Takeover Panel of their intention to proceed with, or drop, the negotiations.
BRUSSELS, Oct 9- British Defence Secretary Philip Hammond said on Tuesday he hoped to meet his French, German and U.S. counterparts to discuss the proposed merger of aerospace groups EADS and BAE Systems, a day before the deal's deadline.
PARIS, Oct 9- EADS rejected a German news agency report that merger talks with BAE Systems had collapsed and confirmed progress between Britain and France over the deal.
LONDON, Oct 9- Shares in EADS rose sharply and those in BAE Systems fell on Tuesday, with three traders attributing the move to a report by German news agency DPA that merger talks between the two companies had collapsed. EADS shares rose as high as 26.85 euros a share before ceding most of their gains to trade up 0.2 percent on the day at 26.30 euros by 1143 GMT.
PARIS, Oct 9- Britain and France have made progress in talks over a possible cap on state shareholdings in any merger between EADS and BAE Systems, but any deal must overcome possible opposition from Germany, sources briefed on the matter said.