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Why Europe needs the BAE-EADS merger to succeed | David Gow Europe's defence market has been far too fragmented for decades and needs the merger to consolidate its position The proposed pan-European aerospace and defence merger between BAE and EADS may not fly; many now believe it will collapse by the UK Takeover Panel's deadline of 5pm on Wednesday. This would be more than a pity. It would be a hammer blow to Europe's industrial base and future as a centre of innovation and cutting-edge technology just as the competition moves up several gears. There ar...
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