Snecma will acquire BNP Paribas' 54.5%-stake in Hurel-Dubois for $90 million

Snecma will acquire BNP Paribas' 54.5%-stake in Hurel-Dubois for $90 million. The engine nacelle/thrust reverser manufacturer, which also plans to become a risk-sharing partner in the Airbus A3XX program, last year had $250 million in revenues. Its backlog today is a healthy $526 million and is...

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