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Airbus, Thales and Leonardo near deal on merger of European space businesses, FT reports

Published by Global Banking & Finance Review

Posted on October 21, 2025

1 min read

· Last updated: January 21, 2026

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Airbus, Thales and Leonardo near deal on merger of European space businesses, FT reports
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(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

Airbus, Thales, and Leonardo Close to Merging European Space Units

Overview of the Space Business Merger

(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)

Key Takeaways

  • Airbus, Thales, and Leonardo are nearing a merger agreement.
  • The merger involves their European space businesses.
  • Airbus will own a 35% stake in the new entity.
  • Thales and Leonardo will each hold 32.5%.
  • The report is based on sources familiar with the matter.

Frequently Asked Questions

What is a merger?
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.
What is a joint venture?
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.
What is market share?
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.
What is a financial report?
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.

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