LYON, France—Safran and Zodiac Aerospace last week signed an agreement for the merger of Zodiac Aerospace into Safran, eight months after the success of the initial tender offer; integration between the two companies is already underway. The planned merger will be submitted for approval at Safran’s Extraordinary Shareholders’ Meeting to be held November 27. If greenlighted, the plan will allow Safran to “continue to streamline the structure of the new group,” ...

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