EADS boss warns states on control

EADS chief executive Tom Enders yesterday warned that governments should try not to wield power over a tie-up of BAE and EADS, as he addressed German MPs to hammer out concerns over the mega-merger.

Enders said that a merger the size of the proposed tie-up should not necessarily be subject to state involvement, as the enlarged company had to remain competitive.

“We want to create a company that is internationally much more successful, that draws new investors,” he said.