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  • BERLIN/ LONDON, Oct 11- 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.

  • "Major Tom" brought to earth as Merkel says 'Nein' Wednesday, 10 Oct 2012 | 4:58 PM ET

    LONDON, Oct 10- Tom Enders was flying high six weeks ago; newly elevated to the top job at Europe's EADS, his secret merger deal to create the world's biggest aerospace group and rid himself of burdensome government meddling was preparing for launch.

  • UPDATE 8-EADS, BAE call off world's biggest arms merger Wednesday, 10 Oct 2012 | 3:50 PM ET

    *Sources said Germany opposed the $45 billion aerospace merger. PARIS/ BERLIN/ LONDON, Oct 10- EADS and BAE Systems called off the world's largest defence and aviation merger on Wednesday, and pinned the blame on Germany for wrecking the $45 billion deal.

  • BAE's U.S. unit to keep looking for M&A opportunities Wednesday, 10 Oct 2012 | 3:47 PM ET

    WASHINGTON, Oct 10- The U.S. unit of Britain's BAE Systems Plc on Wednesday said it will continue to pursue future merger and acquisition opportunities after the collapse of the company's merger talks with Europe's EADS.

  • PARIS, Oct 10- EADS Chief Executive Tom Enders said in a letter to employees that the aerospace group wished to review its strategy and defence activities in particular after the end of its merger talks with BAE Systems. "We will now take the time to clearly draw a number of lessons from this experience.

  • UPDATE 7-EADS, BAE call off world's biggest arms merger Wednesday, 10 Oct 2012 | 2:28 PM ET

    *Sources said Germany opposed the $45 billion aerospace merger. PARIS/ BERLIN/ LONDON, Oct 10- EADS and BAE Systems called off the world's largest defence and aviation merger on Wednesday, and pinned the blame on Germany for wrecking the $45 billion deal.

  • Array of concerns soured Germans on defence mega-merger Wednesday, 10 Oct 2012 | 2:05 PM ET

    *Berlin came to see deal as too complex, risky. EADS, the Franco-German parent of jetmaker Airbus, and British defence group BAE Systems announced after weeks of intense talks they were abandoning plans for a $45 billion deal that would have created an aerospace and defence giant bigger than Boeing.

  • Oct 10- Today's announcement that BAE Systems. and European Aeronautic Defence and Space Company.

  • European Shares Close Lower on Growth Concerns Wednesday, 10 Oct 2012 | 11:44 AM ET
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    European shares closed lower on Wednesday for a third consecutive session, with resurging worries about the global economic outlook undermining investor sentiment.

  • UPDATE 6-EADS, BAE call off world's biggest arms merger Wednesday, 10 Oct 2012 | 11:30 AM ET

    *Sources said Germany opposed the $45 billion aerospace merger. *BAE shares down 1.14 per cent, EADS up 4.44 per cent By Sophie Sassard, Jason Neely and Kate Holton. LONDON, Oct 10- EADS and BAE Systems called off the world's largest defence and aviation merger on Wednesday, and pinned the blame on Germany for wrecking the $45 billion deal.

  • BERLIN, Oct 10- Germany denied responsibility for the failed merger of Airbus parent EADS and Britain's BAE Systems on Wednesday, but an official acknowledged that forming a world defence giant would have created difficulties in Berlin. "Germany alone did not block the merger.

  • BRUSSELS, Oct 10- German Defence Minister Thomas de Maiziere dismissed on Wednesday suggestions that German objections were the main reason for the collapse of merger talks between European planemaker EADS and Britain's BAE Systems. I do not share it, "said de Maiziere, who was in Brussels for a meeting of NATO defence ministers.

  • BERLIN, Oct 10- Germany's industrial interests are best served if planemaker EADS remains independent, Deputy Economy Minister Peter Hintze said on Wednesday after merger talks between EADS and Britain's BAE Systems collapsed.

  • UPDATE 5-EADS, BAE call off world's biggest arms merger Wednesday, 10 Oct 2012 | 10:09 AM ET

    *Sources said Germany opposed the $45 billion aerospace merger. LONDON, Oct 10- EADS and BAE Systems called off the world's largest defence and aviation merger on Wednesday, and pinned the blame on Germany for wrecking the $45 billion deal.

  • PARIS, Oct 10- Merger talks between EADS and BAE Systems were blocked by the German government, a senior French government source said on Wednesday.

  • UPDATE 1-BAE management say not looking for another deal Wednesday, 10 Oct 2012 | 10:01 AM ET

    LONDON, Oct 10- Britain's BAE Systems is not looking for a tie-up with another company following the collapse of its $45 billion merger talks with Airbus parent EADS, its chief executive and chairman said on Wednesday.

  • The end of merger talks between EADS and BAE Systems has proven profitable news for the hedge funds and arbitrage traders using a so-called "Chinese spread". Most have held their long positions, and put on an arbitrage trade using their original longs in the first place, "a Paris- based arbitrage trader said.

  • BAE management say not looking for another deal Wednesday, 10 Oct 2012 | 9:30 AM ET

    LONDON, Oct 10- Britain's BAE Systems is not looking for a tie-up with another company following the collapse of its $45 billion merger talks with Airbus parent EADS, its chief executive and chairman said on Wednesday.

  • LONDON, Oct 10- EADS defended its failed efforts to forge a $45 billion merger with BAE Systems on Wednesday, noting progress had been made with some governments and shareholders but that the German government had not spelled out why it opposed the deal. "No firm reason has been given for the German opposition," an EADS spokesman said. "

  • Daimler still aims to reduce EADS stake this year Wednesday, 10 Oct 2012 | 9:23 AM ET

    FRANKFURT, Oct 10- German automotive group Daimler remains in talks with the German government to lower its stake in European aerospace group EADS by selling a 7.5 percent holding to state-owned development bank KfW. "We still aim to further reduce our stake in EADS this year," said a Daimler spokesman on Wednesday.