28/02/2013 02:15:00

EADS Chief Leaves Door Ajar for Another BAE Try

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The chief executive of European Aeronautic Defense & Space Co. (EAD.FR) has left the door ajar for the revival of a blockbuster merger with BAE Systems PLC (BA.LN), the Times in London reported on its website Thursday.

Tom Enders, the German head of the Airbus manufacturer, said that a decision on EADS's ambitions to expand its defense interests--potentially in a tie-up with BAE--would be made after the completion of a strategic review of its military business and the shake-up of the group's board this spring, the Times said. Any new move, he indicated, wasn't imminent, the Times said.

The two companies abandoned a prior try at a merger.

Write to Dennis Baker at dennis.baker@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires

February 27, 2013 21:15 ET (02:15 GMT)

Copyright (c) 2013 Dow Jones & Company, Inc.

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BAE Systems PLC ORD 2.5P 417.70 1.1% Stock price increasing
18,52,68,70,65,23,25,26,87,100
Eads 43.08 -0.2% Stock price decreasing
80,25,11,12,69,75,80,97,43,65

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