December 18, 2017 / 10:35 AM / a year ago

Thales says has room for more acquisitions after Gemalto

Patrice Caine, Chairman and Chief Executive Officer of Aerospace and defence group Thales, attends a news conference with Gemalto in Paris, France, December 18, 2017. REUTERS/Philippe Wojazer

PARIS (Reuters) - Aerospace and defence group Thales (TCFP.PA), which has agreed to buy chipmaker Gemalto (GTO.AS) for 4.8 billion euros (£4.24 billion), said on Monday it retained the financial leeway to seize other acquisition opportunities.

Chief Executive Patrice Caine also told a news conference that Gemalto’s staff will have the opportunity to get jobs at Naval Group, a unit of Thales.

Reporting by Cyril Altmeye, writing by Dominique Vidalon; editing by Richard Lough

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below