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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British Airways revamps Avios scheme bringing down flight prices to £1With the new Avios part-payments scheme you can now bag a British Airways flight for as little as £1
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RBS to close a fifth of branchesRoyal Bank of Scotland plans to shut 18 branches across Scotland, resulting in the loss of 105 jobs. We have the full list of closures.
