Reports say that the BAE/EADS defense and aerospace merger worth £28bn is off.
It seems that the deal failed to satisfy the governments concerned and left shareholders unhappy over the strategic logic of the merger.
The question will now be who will pay the price for the failure and what options remain for BAE Systems? Plan B may be a tie up with Rolls Royce, some observers believe.
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What Disney tells us about how we draw investment conclusions -
High pension fees could take £70k from your retirement pot – time to check what you’re payingEight out of 10 savers have no idea what fees they are paying to their pension provider to manage their retirement fund, and these charges can vary wildly.
