Telecoms, defense, banks, and airlines: the merger drums are beating loudly.

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"We must join forces." "We need financial institutions with scale." "We must consolidate and grow to compete with our American and Asian counterparts." "It is difficult to understand why the EU is putting obstacles in the way of consolidation." These are just a few examples of a message that has long been shared by senior executives from companies in very different, but all strategic, sectors: the firm defense of more business integration in Europe. A desire that—amid a geopolitical crisis—has found an opportunity for consolidation in the strategic autonomy promoted by Brussels. Today it resonates strongly in sectors such as telecommunications, defense, banking, and airlines.

"We must join forces." "We need financial institutions with scale." "We must consolidate and grow to compete with our American and Asian counterparts.

" "It is difficult to understand why the EU is putting obstacles in the way of consolidation." These are just a few examples of a message that has long been shared by senior executives from companies in very different, but all strategic, sectors: the firm defense of more business integration in Europe. A desire that—amid a geopolitical crisis—has found an opportunity for consolidation in the strategic autonomy promoted by Brussels.



Today it resonates strongly in sectors such as telecommunications, defense, banking, and airlines..