PARIS (dpa-AFX) - Airbus and Thales are actively considering a merger of
their space activities, which would consolidate Airbus Defence &
Space and Thales Alenia Space, French business paper La Tribune
reported citing unnamed sources.

The report noted that the companies have initiated preliminary
discussions involving various tie-up scenarios.

At this stage, La Tribune said, all parties involved remain highly
cautious about the potential success of these talks, especially given
the history of failed attempts to merge their space activities over
the past 15 years.

Airbus Defence & Space is headquarter in southern Germany, while
Thales Alenia Space is based in Cannes, France.


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