Zodiac Aerospace SA (ZODC.PA)
20 Sep 2017
Wed, Sep 13 2017
PARIS, Sept 13 Zodiac Aerospace reported a 10 percent drop in sales at its troubled seats division, but stuck to financial targets for the just-ended financial year as it gets to grips with industrial problems that drew criticism from Airbus and Boeing.
PARIS, June 23 Zodiac Aerospace aims to have its problems with delays in deliveries and the quality of products fixed in September, before the planned merger with Safran, the chairman of its executive board Yann Delabrière told Les Echos newspaper.
PARIS, June 15 Shareholders in Safran on Thursday backed resolutions that will free the French aero engine maker to pursue an agreed takeover of parts maker Zodiac .
PARIS Zodiac Aerospace published quarterly revenues in line with expectations on Wednesday, easing recent doubts over its financial performance as shareholders in engine maker Safran prepare to vote on plans for a tie-up on Thursday.
PARIS, June 6 Zodiac Aerospace said on Tuesday it had appointed Yann Delabriere as chairman of its executive board a fortnight after it accepted a 15 percent cut in a takeover offer from aero engine maker Safran to create the world's third largest aerospace supplier.
LONDON UK hedge fund TCI said aero engine maker Safran's reduced offer for Zodiac Aerospace was still too high and it would vote against the deal.
LONDON, May 26 UK hedge fund TCI said aero engine maker Safran's reduced offer for Zodiac Aerospace was still too high and it would vote against the deal.
PARIS Zodiac Aerospace's board has accepted a 15 percent cut in a takeover offer from aero engine maker Safran to create the world's third largest aerospace supplier after a string of profit warnings from the aircraft seat maker.
* Most Zodiac family investors to lose special tax status (Adds details, background, quote)
PARIS, May 24 France's Safran is cutting its core cash offer for Zodiac Aerospace by 15 percent to 25 euros per share as part of a restructured proposal to buy the aircraft seats maker, whose shares have been hit by recent profit warnings.