Last week, The Children’s Investment Fund (TCI), which owns 4.1% of Safran, moved to block Safran’s €8.5bn takeover of rival Zodiac, by requesting French market regulator, AMF, demand Safran investors can vote on the takeover. TCI does not consider the merger to have any “strategic rationale...
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Greece and Israel set to sign new aviation treaty
By
Dino D'Amore
18th October 2010