March 16, 2017 / 8:05 AM / in 4 months

BRIEF-PPLocal private shareholder lobby group says will oppose Safran/Zodiac deal

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March 16 (Reuters) - Safran/Zodiac:

* PPLocal is lobby group that acted on behalf of Solocal shareholders and it says in statement that it will also look to oppose Safran/Zodiac deal on behalf of private shareholders

* Safran's planned $9 billion takeover of Zodiac has come under pressure after Zodiac issued a new profit warning this week

* Hedge fund TCI has also renewed its calls for the deal to be scrapped

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