Brief: Safran Acquires Flight Control, Actuation Activities From Collins Aerospace
21/07/2025 17:27
July 21 (Reuters) - Safran SA SAF.PA: SAFRAN ANNOUNCES ACQUISITION OF FLIGHT CONTROL AND ACTUATION ACTIVITIES FROM COLLINS AEROSPACE BUSINESS TO BE CONSOLIDATED FROM AUGUST 1ST, 2025 WITHIN SAFRAN ELECTRONICS & DEFENSE TRANSACTION EXPECTED TO GENERATE APPROXIMATELY $50 MILLION OF ANNUAL PRE-TAX RUN-RATE COST SYNERGIES BY 2028 TO RESPECT REGULATORY REQUIREMENTS, HAS SIMULTANEOUSLY COMPLETED SALE OF NORTH AMERICAN ELECTRO-MECHANICAL ACTUATION BUSINESS TO WOODWARD, INC Source text: https://tinyurl.com/3bprnfex Further company coverage: SAF.PA (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
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