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EXA — Exail Technologies SA News Story

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Exail Technologies jumps on media report Safran mulling buyout bid

BUZZ-Exail Technologies jumps on media report Safran mulling buyout bid

** Shares in Exail Technologies EXA.PA jump 18% to €109.8

** France's Safran SAF.PA is in early stages of evaluating a possible bid for the French sea drone maker, Bloomberg reports citing people familiar with the matter

** Exail could also attract interest from other firms in the sector, the report said

** Safran and Exail did not immediately respond to a Reuters request for comment

** Exail's shares closed Thursday's session at €91.15 per share, valuing it at close to €1.6 billion



(Reporting by Piotr Lipinski)

((piotr.lipinski@tr.com))

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