EADS hits out at critics of mega-merger
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Airbus owner Eads has attacked critics of its proposed £30bn mega-merger with the UK defence giant BAE Systems as "anonymous snipers". Suggestions that the German government is not supportive of the deal, which also requires approval of the British and French administrations, were dismissed by Eads as not reflecting "constructive talks" with German Chancellor Angela Merkel's ministers.
The political edge has worried the markets since the deal was announced on Wednesday. Shares in BAE and Eads were badly hit, though the UK group yesterday recovered by almost 4 per cent.
There have been fears over job security once the merger, to be formally proposed next month, is completed. But BAE has been shedding jobs and the companies argue that a combined group would be financially stronger.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments