Europe

Italy approves Safran's acquisition of Collins Aerospace's flight control business after last year's veto

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Italy approves Safran's acquisition of Collins Aerospace's flight control business after last year's veto

Italy has approved Safran's $1.8bn acquisition of Collin Aerospace's Italian-based actuation and flight control subsidiary business Microtecnica on June 6, 2024. It comes after Italy had vetoed the acquisition on November 16, 2023, with reports citing government concerns over supplies to armed force...

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