Published by Global Banking and Finance Review
Posted on October 21, 2025
1 min readLast updated: January 21, 2026
Airbus, Thales, and Leonardo are close to merging their European space businesses, with Airbus holding a 35% stake and the other two 32.5% each.
(Reuters) -Airbus, Thales and Leonardo are nearing an agreement on the merger of their space businesses, the Financial Times reported on Tuesday.
Under the deal, Airbus will own 35%, with the other two holding 32.5% each, the report added, citing people familiar with the matter.
Reuters could not immediately verify the report.
(Reporting by Anusha Shah in Bengaluru; Editing by Maju Samuel)
A merger is a business strategy where two companies combine to form a single entity, often to enhance competitiveness, increase market share, or achieve operational efficiencies.
A joint venture is a business arrangement where two or more parties agree to pool their resources for a specific project or business activity, sharing profits, risks, and control.
Market share is the percentage of an industry's sales that a particular company controls, indicating its competitiveness and position in the market relative to its peers.
A financial report is a formal record of the financial activities and position of a business, organization, or individual, typically including income statements, balance sheets, and cash flow statements.
Explore more articles in the Headlines category
