Lawyers from several international and European firms are advising on a deal that will see German auto giant Daimler sell half its stake in the European Aeronautic Defense and Space Company (EADS) to a development bank owned by the German government for $2.2 billion.
The deal, which occurs about two months after merger talks between EADS and British defense firm BAE Systems collapsed due to political concerns, effectively makes the German government a direct shareholder in EADS along with the governments of France and Spain.
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