Friday, May 25, 2007

Safran plans to split Sagem communications unit

(Reuters) - The company is also studying plans to link up a printed
circuits plant in Lannion, in western France, which employs 80
people with an industrial partner in the same sector.




The plans were announced as Safran reaffirmed its 2007
targets at a shareholders' meeting. The company targets revenue
up around 5 percent and an operating margin above 5 percent.


Read more at Reuters.com Mergers News

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