BERLIN: France and Germany have agreed to negotiate with the British government to obtain 9% stakes in a merged EADS-BAE aerospace giant, Germany's Der Spiegel reported. “Berlin and Paris have ...

Germany feared being left on the sidelines of any tie-up between European aerospace giant EADS and British arms maker BAE Systems, analysts say, after Berlin was blamed for blocking the deal.

For several years, EU leaders have been urging the consolidation of Europe's defense industries, so the proposed deal ― which originated in the corporate boardrooms of EADS and BAE Systems ― looked ...