BAE Systems (BAESY) is in discussions over a potential takeover of Ball Corp.’s (BALL) aerospace business, Bloomberg’s Kiel Porter, Aaron Kirchfeld, and Dinesh Nair report, citing people with knowledge of the matter. The London-listed defense contractor is in talks with the U.S. packaging group about the terms of a deal for the division, which makes instruments and sensors for everything from space travel to weather forecasting, the authors note.
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