French aerospace firm Safran has revealed it is in exclusive negotiations to acquire seating and cabin interior manufacturer Zodiac Aerospace, in a deal that would rank it as the third largest aerospace firm. Safran is an aircraft engine, systems and equipment supplier, with 70,000 employees and €17.4 billion ($18.6 billion) in annual sales. Zodiac Aerospace specializes in aerosafety products, aircraft systems, seats and cabins with 35,000 employees and €5.2 billion in ...

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