Zodiac Aerospace rejected a takeover bid by Safran, which confirmed that it sent a letter to the chairman of the supervisory board of Zodiac proposing that the two companies examine the merits of consolidation. Zodiac directors unanimously decided against considering a merger during a July 9 board meeting.
Zodiac Aerospace rejected a takeover bid by Safran, which confirmed that it sent a letter to the chairman of the supervisory board of Zodiac proposing that the two companies examine the merits of consolidation. Zodiac directors unanimously decided against considering a merger during a July 9 board meeting.
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