BAE says no plans to divest US businesses for merger

We have no plans to divest any of our business in the United States,as it relates to this transaction, a BAE spokesperson told Reuters

Bae Systems said on Friday it had no plans to divest any US business units as a result of the proposed merger with European aerospace giant EADS.

We have no plans to divest any of our business in the United States,as it relates to this transaction, a BAE spokesperson told Reuters.

He said the US unit would still operate as a US company and the new combined holding company would be subject to the same security requirements as BAE Systems Plc is currently.

Some European analysts have said the deal would have negative US security implications,suggesting that US officials could order BAE to divest some business units that do sensitive work for the US military or intelligence agencies.

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Police personnel seen to control the situation during a massive protest over the statehood demand and the inclusion of Ladakh under the Sixth Schedule, in Leh on Wednesday. (ANI Video Grab)

Statehood protest takes violent turn in Ladakh, BJP office set ablaze in Leh

India26 min ago

Protests in Ladakh turned violent as students and youth organisations demanded statehood and Sixth Schedule status. Two elderly protesters fainted, prompting a shutdown call. A BJP office and security vehicle were set on fire. Activist Sonam Wangchuk urged for a peaceful approach. The demand for Sixth Schedule status is due to Ladakh's tribal-majority population and direct central administration.

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