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...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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