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Safran announced the contemplated acquisition of Collins Aerospace's actuation and flight control activities for an enterprise value of $1.8 billion. The business has around 3,700 employees across eight facilities in Europe and Asia.
“The contemplated transaction represents a unique opportunity to develop our position in mission critical actuation and flight control functions.”aviationupdatemag.in
Summarized from public sources; check the original articles before acting on it.