FRANKFURT (Reuters) -- Daimler says if ongoing talks between EADS and British peer BAE Systems lead to a merger, the Franco-German shareholder pact that ensures a delicate balance of power at the Airbus parent could be dissolved.
This would open up the possibility for Daimler to finally exit its stakeholding in EADS, a spokesman for the German automotive group said in a statement on Thursday.
"Since the planned transaction would also be linked to a possible dissolution of the Shareholder Pact, all options would be open to us in principle -- including the possibility of selling our stake on the open market," he said in an e-mailed statement.
Daimler had been pressuring the German government for months to find a buyer for at least part of its holding as the company plows cash into vehicle development at its Mercedes-Benz unit.
EADS, based in Paris and Munich, saw its stock jump 21 percent last year, valuing the company at 17.3 billion euros.
Daimler was a founder of EADS by contributing its Dasa aerospace unit to the plane making and defense company's formation in 2000.
Automotive News Europe contributed to this report