Joint takeover of Ferranti International Signal Plc by British Aerospace Plc and Thomson-CSF SA, Paris is on the cards following talks on Friday that will continue this week, and British Aerospace says it wouldn’t make any firm move until the full Coopers & Lybrand report on the alleged fraud is completed – and the Anglo-French tie-up is far from being the only game in town, with Daimler-Benz AG thought to have serious designs on Ferranti, and General Motors Corp’s Hughes Aircraft, the Ford Motor Co’s Ford Aerospace, General Electric Co Inc and Emerson Electric Co among the many other names in the frame.
