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European Union (EU) | Mergers & Acquisitions

Eurosystems Joint Ventures in Defense Electronics Approved by EU

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European regulators have approved a deal between Finmeccanica SpA of Italy and Britain's BAE Systems PLC to create Eurosystems, a set of joint ventures in defense electronics. A BAE spokesman said the deal would create a clearer management structure would also increase the chances of landing contracts in an industry dominated by heavyweight manufacturers. The deal breaks down as follows...

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