Schrempp departure seen speeding EADS-Thales deal

Newswire

By Jason Neely, European Aerospace & Airlines Correspondent LONDON, July 29 (Reuters) - The departure of DaimlerChrysler Chief Executive Juergen Schrempp could move aerospace firm EADS , in which Daimler is a key shareholder, closer to a takeover of French defence firm Thales , analysts said on Friday. Daimler holds a key 30 percent stake in EADS, the largely Franco-German parent of planemaker Airbus, and flexed its muscles in recent management succession battles at both firms. The ...

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