NICOSIA — Talks on a tie-up between aerospace groups EADS and BAE
Systems looked set for extra time Sept. 27, after German Defense
Minister Thomas de Maiziere and another source said negotiations had
some way to go.
“I think we need more time,” de Maiziere told journalists in Nicosia after meeting the day before with his British and French counterparts to discuss the proposal, which would create a giant to rival the U.S. group Boeing.
A source close to the talks told AFP that it looked as though British arms maker BAE Systems and the European Aeronautic Defence and Space Company would ask Britain’s stock market regulator to extend its Oct. 10 deadline.
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“I think we need more time,” de Maiziere told journalists in Nicosia after meeting the day before with his British and French counterparts to discuss the proposal, which would create a giant to rival the U.S. group Boeing.
A source close to the talks told AFP that it looked as though British arms maker BAE Systems and the European Aeronautic Defence and Space Company would ask Britain’s stock market regulator to extend its Oct. 10 deadline.
Read More......................
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