EADS co-chief executive Philippe Camus says a merger with Thales is "off the agenda"despite a report in French daily La Tribune quoting unnamed sources as saying the French government plans to renew its efforts to engineer such a tie-up early next year. The report says French EADS shareholder Lagardére will determine whether Camus is retained as co-chief executive, or replaced by Airbus chief executive Noel Forgeard, and also says Thales' civil avionics businesses could be sold to Smiths Group of the UK as part of any merger deal.
Source: Flight International
