Reuters logo
Safran confirms talks to buy Zodiac Aerospace continue
April 28, 2017 / 8:03 AM / 7 months ago

Safran confirms talks to buy Zodiac Aerospace continue

PARIS, April 28 (Reuters) - Safran said on Friday its talks to buy Zodiac Aerospace were continuing after the French company issued a new profit warning.

“We confirm that the discussions continue,” a spokeswoman for Safran said.

Reporting a first-half loss and lower full-year forecasts earlier on Friday, Zodiac Aerospace said it hoped to conclude the $9 billion merger deal with Safran but that it was also studying an alternative. (Reporting by Cyril Altmeyer, Tim Hepher, Editing by Dominique Vidalon)

Our Standards:The Thomson Reuters Trust Principles.
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