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BAE Systems (BAESY.PK +11.2%) and Airbus (EADSY.PK -5.2%) confirm they are in discussions...

BAE Systems (BAESY.PK +11.2%) and Airbus (EADSY.PK -5.2%) confirm they are in discussions regarding a possible combination of their businesses through the creation of a dual listed company structure, under which both companies would operate as one group, but would be separately listed on their existing exchanges. The combination shapes up so that BAE Systems shareholders would own 40% and EADS shareholders 60% respectively of the enlarged group.
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