Omega Owners Forum

Chat Area => General Discussion Area => Topic started by: Rods2 on 11 November 2012, 00:16:36

Title: Why Germany blocked the EADS BAE takeover
Post by: Rods2 on 11 November 2012, 00:16:36

Interesting reading and it also makes sense on why Germany is now meddling in French economic affairs.

http://uk.reuters.com/article/2012/11/08/us-eads-airbus-idUKBRE8A623M20121108 (http://uk.reuters.com/article/2012/11/08/us-eads-airbus-idUKBRE8A623M20121108)

I think things are about to get nasty between France and Germany.

Title: Re: Why Germany blocked the EADS BAE takeover
Post by: Sir Tigger KC on 11 November 2012, 01:07:06

I'm glad that they did!  :y  Who'd have thought it! The German government acting in the British national interest.....  :o

Title: Re: Why Germany blocked the EADS BAE takeover
Post by: ozzycat on 11 November 2012, 01:26:32

Quote from: TiggerHayes on 11 November 2012, 01:07:06

I'm glad that they did!  :y  Who'd have thought it! The German government acting in the British national interest.....  :o

  germany only acts in it own interest  nobody elses

Title: Re: Why Germany blocked the EADS BAE takeover
Post by: Sir Tigger KC on 11 November 2012, 10:38:25

Exactly! The German government acted because they didn't want to lose influence over EADS and were worried about German jobs being relocated to France.  The British government would have happily sat by and let another Great British company fall into foreign hands.   >:(

Despite 'safeguards', 'redlines' and 'assurances', the HQ of the new company would have been in Toulouse and the culture of the entire group would have become very Francophone ensuring that any restructuring or new jobs created would have been biased towards France.  ::)

This was always going to be a bad deal for Britain, British jobs and our national interest!!  >:(