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Dassault Aviation SA (AVMD.PA)

AVMD.PA on Paris Stock Exchange

1,319.80EUR
14 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Meggitt Expects To Have Further Discussions With Dassault Aviation In Coming Weeks
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - MEGGITT PLC ::NOTES ANNOUNCEMENT BY DASSAULT AVIATION OF CANCELLATION OF FALCON 5X PROGRAMME AND LAUNCH OF A NEW FALCON PROGRAMME.DASSAULT HAS INDICATED THAT IT EXPECTS TO RE-USE A MAXIMUM OF WORK UNDERTAKEN TO DATE ON FALCON 5X.DASSAULT INTENDS TO WORK WITH MEGGITT ON SUCCESSOR FALCON PROGRAMME.EXPECTS TO HAVE FURTHER DISCUSSIONS WITH DASSAULT AVIATION IN COMING WEEKS.HAS GOOD CONTENT ON PRATT & WHITNEY PW800 ENGINE ANTICIPATED TO BE USED IN SUCCESSOR AIRCRAFT.REMAINS POSSIBLE THAT CANCELLATION COULD LEAD TO A NON-CASH IMPAIRMENT OF SOME OR ALL OF CAPITALISED WORK UNDERTAKEN TO DATE.CURRENTLY HAS £50 MILLION OF ASSETS RELATING SPECIFICALLY TO 5X PROGRAMME.HAS £11 MILLION OF ASSETS RELATING TO SILVERCREST ENGINE ON ITS BALANCE SHEET.  Full Article

French group Suez says Qatar dredging contract worth 107 mln euros
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Suez ::* Suez says deal signed on Thursday to dredge and clean Qatar lagoon worth around 107 million euros ($126 million).* French President Emmanuel Macron said France and Qatar had signed commercial contracts worth around 12 billion euros in total nP6N1NF024.* Qatar has agreed to buy 12 more Rafale fighter planes from Dassault Aviation , will employ France's Suez to dredge and clean Qatar's lagoon and has retained France's RATP and SNCF to build and operate a metro system in Qatar..  Full Article

Reliance Infrastructure says Dassault Reliance Aerospace been incorporated
Thursday, 16 Feb 2017 

Reliance Infrastructure Ltd : Says Dassault Reliance Aerospace Limited (DRAL) incorporated . Says Eric Trappier to be chairman and Anil Ambani co-chairman of DRAL . Says joint venture company to be held 51% by Reliance and 49% by Dassault Aviation . Says DRAL to lead execution of Rs 30,000 crore offsets for 36 aircraft program . Says DRAL will be a key player in the execution of offset obligations . Will also focus on promoting research and development projects under the IDDM program . Says construction work for the greenfield facility will start in may 2017, and production by end-2017 . DRAL to execute programs in phases, with phase I resulting in generation of more than 700 direct jobs and 2,800 indirect jobs. .Says DRAL has finalized the infrastructure requirements at dhirubhai aerospace park at Mihan, Nagpur.  Full Article

Dassault Aviation wins contract from the French Air Force
Tuesday, 19 Jul 2016 

Dassault Aviation SA :Dassault Aviation will renovate the mirage 2000D aircraft of the French Air Force.  Full Article

Dassault Aviation acquired 5.5 pct of its share capital for 477 mln euros
Friday, 10 Jun 2016 

Dassault Aviation : Airbus sales 0.83 million shares of Dassault( 9.0% of co's share capital) at a price of 950 euros per share, issuance of bonds exchangeable into Dassault shares .Acquired 502,282 of its own shares (5.5% of its share capital) at a price of 950 euros per share, i.e. for a total amount of 477 million euros.  Full Article

Airbus says completes sale of Dassault Aviation shares
Friday, 10 Jun 2016 

Airbus Group : Airbus Group completes sale of Dassault Aviation shares and successfully issues exchangeable bond . 1.33 million Dassault Aviation shares sold, around 62 pct to institutional investors and 38 pct to Dassault Aviation . Simultaneous issue of a 1,077.9 million euro zero coupon bond due 2021 exchangeable into Dassault Aviation shares at a premium of 37.5% above the sale price of the shares . Total gross proceeds of 2,379 million euro from the combined transactions . Sale price determined in the bookbuilt offering to institutional investors was 950 euro per share, with settlement expected to occur on or around 14 June 2016. Further company coverage: [AIR.PA] (Bengaluru Newsroom: +91 80 6749 1136).  Full Article

Orders limited below mid point on issue price and premium risk missing - bookrunner
Thursday, 9 Jun 2016 

: Orders limited below mid point on issue price and premium risk missing; deal books to close in 15 mins at 8.45pm UK time - bookrunner (Bengaluru Newsroom: +1 646 223 8780).  Full Article

On the equity, orders below 950 risk missing, books will close at 8pm UKT - bookrunner
Thursday, 9 Jun 2016 

: On the equity, orders below 950 risk missing, books will close at 8pm UKT - bookrunner (Bengaluru Newsroom: +1 646 223 8780).  Full Article

On exchangeable bond, books covered at mid-point, pricing, timing to follow- Bookrunner
Thursday, 9 Jun 2016 

: On the exchangeable bond, books are covered at the mid-point, pricing and timing to follow in due course- Bookrunner (Bengaluru Newsroom: +1 646 223 8780).  Full Article

Dassault Aviation to buy back own shares from Airbus Group
Thursday, 9 Jun 2016 

Dassault Aviation : Intention to buy back own shares from Airbus Group . Dassault Aviation announces wishing to buy back 502,282 of its own shares from Airbus Group .Price of shares sold to Dassault Aviation would be at lower of private placement price offered by Airbus Group to institutional investors and 980 euros ($1,108.97) per share.  Full Article

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European shares lag Wall Street, ECB provides no momentum

LONDON European shares lagged their U.S. peers and closed in negative territory on Thursday, as a busy day of central bank meetings failed to provide momentum even though the European Central Bank raised its growth and inflation forecasts.