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Angela Merkel blamed for collapse of £28bn BAE-EADS merger Sources say German chancellor was key factor in decision to terminate talks The €35bn (£28bn) mega-merger between BAE Systems and EADS collapsed as a result of personal opposition from the German chancellor, Angela Merkel, and despite a series of 11th-hour interventions from Downing Street officials and their counterparts in Paris and Berlin attempting to keep the deal alive. The proposed combination of Britain's largest defence contractor and the Franco-German owner of Airbus would hav...
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