Thomson-CSF discusses full acquisition of Racal

Article Abstract:

Thomson-CSF of France and Racal Electronics of the United Kingdom are reported to be talking about a possible merger. The alliance would increase Thomson's share of the U.K. defense contract market where it is already No. 2.

United States

---

Thomson to pay 2.11 billion euros for Racal

Article Abstract:

Thomson-CSF SA has reached an agreement to purchase Racal Electronics PLC. Thomson will acquire Racal for 1.32 billion pounds (2.11 billion euros).

---

Acquisition may be boon to Thomson

Article Abstract:

Shorts Missile Systems Ltd.'s acquisition by Thomson-CSF SA could help the former to enhance its presence in Europe and in the US. Thomson competitors have been consolidating while the company has avoided such a move.

Electronic Components and Accessories, Guided missiles and space vehicles, Guided Missile and Space Vehicle Manufacturing, Missiles, Aerospace industry, Guided missile industry, Shorts Missile Systems Ltd.

Similar abstracts:

• Abstracts: Lloyds TSB offers bid of 31.24 billion euros for Abbey National. Lloyd considers raising its bid for Abbey National
• Abstracts: Schlumberger agrees to pay 5.62 billion euros to acquire Sema. Spirent of U.K. plans to acquire Axel Johnson unit
• Abstracts: Credit Suisse beats '98 estimates, posting $2.1 billion in net profit. Sampo reports 21% decline in 1st half operating profit
• Abstracts: Approval of bids ends YPF speculation; Repsol to proceed with $13.4 billion offer. Allied Domecq offers to purchase Bodegas & Bebidas
• Abstracts: Groupama sells 23% in CIC in a 3-stage, 1.37 billion euros deal. ABN Amro agrees to acquire De Dietrich for 451 million euros

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.