Safran Buys Zodiac

Safran, an international high-technology group, and Zodiac Aerospace - a global leader in Aerosafety, Aircraft systems, Seats and Cabins, announced that they have entered into exclusive negotiations for an acquisition of Zodiac Aerospace by Safran through an agreed public offer of €29.47 per share and a subsequent merger on the basis of 0.485 Safran shares for [...]