PARIS, July 26 French aerospace group Safran
said on Friday the space activities of Italy's Fiat
Avio would fit well with its business, but declined to say
whether it had placed an offer.
Asked whether the group was working on fresh acquisitions,
Chief Executive Jean-Paul Herteman told reporters: "There is
nothing under way; we have always indicated the very strong
proximity that could exist between ourselves and the space
activities of Avio, which as you know are for sale."
In a briefing on the group's first-half results, Safran
declined to comment on whether it had made an offer.
"We never comment on a process, potential or ongoing,"
Finance Director Ross McInnes said.