Technology

Italian government opposes Safran’s proposed acquisition of Collins Aerospace’s actuation and flight control business

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Italian government opposes Safran’s proposed acquisition of Collins Aerospace’s actuation and flight control business

Safran has been informed of the Italian government’s decision to oppose the sale of Collins Aerospace’s actuation and flight control business to the French company. Under the so-called ‘Golden Power’ foreign direct investments regime, the Italian government has the power to limit or prevent ...

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