July 21 (Reuters) - Safran SA:
* 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:
(Gdansk Newsroom)