British Investors Challenge Safran Over Zodiac Buy

A London-based activist hedge fund is challenging Safran Group’s proposed $9 billion acquisition of embattled seat maker Zodiac Aerospace, arguing the major aircraft engine and parts provider pay out its shareholders instead of buying the cabin-interiors provider. In a Feb. 14 letter to Safran, TCI...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.