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The UK, French and German governments are holding talks that will decide whether the merger between defence companies BAE and EADS goes ahead. France and Germany need to agree to conditions laid down by the UK and the two firms. At the moment, a deal seems unlikely, according to the BBC's business editor Robert Peston. The two companies must decide whether to ask for an extension to merger talks by 16.00 GMT on Wednesday.
The UK, French and German governments are holding talks that will decide whether the merger between defence companies BAE and EADS goes ahead.
France and Germany need to agree to conditions laid down by the UK and the two firms.
At the moment, a deal seems unlikely, according to the BBC's business editor Robert Peston.
The two companies must decide whether to ask for an extension to merger talks by 16.00 GMT on Wednesday.
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