Safran shareholders approve Zodiac Aerospace merger

You are here: Home > Tri-County Economy > Central Coast > Current Article

Safran shareholders approve Zodiac Aerospace merger

By Staff Report / Wednesday, December 5th, 2018 / Comments Off on Safran shareholders approve Zodiac Aerospace merger

Shareholders of French aircraft equipment manufacturer Safran overwhelmingly voted Nov. 27 in favor of a merger with Santa Maria employer Zodiac Aerospace. The company took control of Zodiac in February in a roughly $9 billion deal, purchasing 97.57 percent of the company for around 25 euros per share. Zodiac employs around 1,200 people in Santa…

This article is only available to Business Times subscribers

Subscribers: LOG IN or REGISTER for complete digital access.
Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
Check the STATUS of your Subscription Account.