Safran's acquisition of Collins Aerospace's actuation and flight control business faces Italian opposition

Safran has been informed of the Italian government's decision to exercise its Golden Power, opposing the sale of Microtecnica S.r.l (the Italian assets of Collins Aerospace's actuation and flight control business) to Safran. Safran remains committed to the transaction and is working with all parties to determine next steps.

“Safran remains committed to the transaction and is working with all parties to determine the appropriate next steps.”aviationpros.com

• 1 source
• aviationpros.comSafran Issues Update on Proposed Acquisition of Collins Aerospace's Actuation and Flight Control Business | Aviation ProsRelated To: Safran GroupNov 20, 2023

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