Safran wins EU antitrust approval for $1.8 billion Collins deal
French engine and aircraft equipment maker Safran on Friday secured the green light from EU antitrust regulators for its $1.8 billion bid for Collins Aerospace's flight controls business after pledging to sell a North American actuator business.
UK antitrust regulator says Safran's remedies may resolve concerns on Collins deal
Britain's competition regulator said on Friday it believes that remedies offered by aerospace equipment manufacturer Safran could resolve competition concerns relating to its acquisition of a part of aerospace business Collins.
Exclusive: EU set to clear Safran's $1.8 billion Collins deal, sources say
EU antitrust regulators are set to approve French engine and aircraft equipment maker Safran's $1.8 billion bid for Collins Aerospace's flight controls business, people with direct knowledge of the matter said on Wednesday.
France's Safran says defence investment depends on orders
The head of Safran said on Monday the French aerospace and defence group was ready to invest in increased production of defence equipment as long as the mounting appetite for increased European defence capacity led to tangible orders.
Safran offers sale of North American unit to win EU okay on Collins deal, source says
French engine and aircraft equipment maker Safran has offered the sale of a business in North America which it agreed in December, as a remedy to address EU concerns about its $1.8 billion bid for Collins Aerospace's flight controls business, a person with direct knowledge of the matter said on Wednesday.
Safran offers remedies to win EU approval for Collins deal
French engine and aircraft equipment maker Safran has offered remedies in an attempt to secure EU antitrust approval for its $1.8 billion bid for Collins Aerospace's flight controls business, an update on the European Commission website showed on Monday.
Safran: Part Of The Europe-Leading French Defense Supply Chain
Safran benefits from European defense efforts, especially with France's proactive stance, and strong civil aviation recovery boosting margins in beleaguered and after market businesses. In the coming year, LEAP engine sales are expected to turn to growth and support the continued expected EBIT growth of the company. Safran trades at a discount to most peers, though Thales is cheaper on a forward multiple basis, and we prefer it as a defense pick.
Canada in running for Safran plant despite tariff threat, minister says
Canada remains a contender for a carbon brakes factory from France's Safran , the Canadian industry minister said on Tuesday, despite the looming threat of 25% tariffs next week from U.S. President Donald Trump.
EU antitrust regulators quiz rivals, customers on Safran, Collins deal, source says
EU antitrust regulators are asking rivals and customers whether Safran's bid for Collins' flight controls business would give the French engine and aircraft equipment maker more market power, a person with direct knowledge of the matter said on Wednesday.
Engine maker Safran upbeat on Boeing 737 MAX production this year
The head of French jet engine maker Safran said on Friday he was certain Boeing would reach key production milestones for the 737 MAX jet during this year.
France's Safran raises outlook after air traffic boosts 2024 profit
French jet engine maker Safran on Friday revised up
Safran India eyes 70% revenue boost from Gaganyaan space flight, other space, defence deals
Safran's India unit expects a nearly 70% revenue boost in 2025 from its defence and space business, fuelled by its work on India's human spaceflight mission Gaganyaan and rising private-sector contracts, top executives told Reuters on Wednesday.
