A giant merger between European aerospace groups EADS and BAE Systems is still on the launch pad with talks heading for extra time on Wednesday after France eased its demands, various sources suggested.
Progress justifies a request to the British financial market regulator for a delay to the deadline, a source close to the matter said.
The deadline falls at the end of the working day on Wednesday in London.
But the final decision is likely to depend on a decision from Germany, and the position of the German government remains unclear, the source added on Tuesday.
A breakthrough on state interference by France seems to have occurred in hectic talks late into the day on Tuesday to enable the firms to say by a deadline of 1600 GMT if they are still holding hands, or if the deal is off.
Read more: EADS, BAE merger still on launch pad, countdown runs on - The Economic Times
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