Safran makes an offer for Collins Aerospace’s flight control systems business

Safran makes an offer for Collins Aerospace’s flight control systems business

LONDON, July 21 (Reuters) – French aerospace group Safran (SAF.PA) said on Friday it had made a cash offer to buy the flight performance and control businesses of Collins Aerospace in a deal valued at $1.8 billion to become a leader in critical cockpit functions. Safran said the purchase would be accretive to earnings per … Read more