BAE, EADS offer further concessions as they seek to drive merger through

British defence group BAE Systems is prepared to ring-fence projects such as the Trident nuclear submarine programme to calm growing fears over the impact on security and employment of its planned merger with European aerospace giant EADS.

A source close to BAE told Reuters on Sunday that Trident and Detica, BAE’s cyber security arm which handles sensitive government information, were “exactly the sort of projects” that BAE would seek to protect under its own control should a deal to create the world’s biggest aerospace firm come off.

via Business feed http://www.scmp.com/business/companies/article/1038913/bae-eads-offer-further-concessions-they-seek-drive-merger-through