LYON, France—Safran’s shareholders on June 15 approved the financial resolutions to ensure the plan to acquire Zodiac Aerospace advances. During Safran’s annual general meeting, more than 90.5% of shareholders cast votes in favor of the agreement. They approved the amendment of the bylaws to create preference shares. The meeting’s results simultaneously authorized the board of directors to issue preference shares in the event of a public-exchange offer. Both ...

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