Shares of Raytheon Technologies Corp. RTX gained 0.4% in midday trading Monday, after France-based aerospace and defense contractor Safran SA SAFRY FR:SAF confirmed it was in talks to buy some of Raytheon’s flight control and actuation activities. Safran said the potential acquisition was within the scope of a competitive process. Safran’s U.S.-listed shares dropped 1.3% in midday trading.
4% in midday trading Monday, after France-based aerospace and defense contractor Safran SA SAFRY SAF confirmed it was in talks to buy some of Raytheon’s flight control and actuation activities. Safran said the potential acquisition was within the scope of a competitive process. Safran’s U.S.-listed shares dropped 1.3% in midday trading.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: