U.K Competition Watchdog Probes Safran, Collins Aerospace Deal

Dow Jones
02-18
 

By Najat Kantouar

 

The U.K competition watchdog launched an investigation into French aerospace-industry supplier Safran's proposed purchase of a part of Collins Aerospace's actuation and flight control business.

The Competition and Markets Authority said Tuesday that it was considering whether the merger, if carried into effect, would result in a lessening of competition within any market in the U.K. for goods or services.

The regulator set a deadline of April 16 for its phase 1 decision.

Safran couldn't immediately be reached for comment.

 

Write to Najat Kantouar at najat.kantouar@wsj.com

 

(END) Dow Jones Newswires

February 18, 2025 02:25 ET (07:25 GMT)

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