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Thales to acquire French drone technology firm Exail

Thales to acquire French drone technology firm Exail 

- Thales TCFP.PA said on Monday it had reached an agreement with Exail's EXA.PA leading shareholder, the Gorgé family, to buy its stake in the French drone technology company with a view to later acquire 100%.

In a press release, Thales said it would offer €134 ($153) a share for the 35.51% stake the Gorgé family owns, a 44% premium to Exail's share price on June 26.


(Reporting by Jakob Van Calster)

((jakob.vancalster@thomsonreuters.com;))

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