Thales Cleared to Acquire Cobham Aerospace
Thales has been given the green light by the Autorité de la concurrence to acquire full ownership of Cobham Aerospace without any conditions.
24.03.2024 | French competition authority
Thales sought approval from the Autorité de la concurrence to take over Cobham Aerospace. After a thorough review, the Autorité approved the acquisition without imposing any conditions. The deal involves Thales gaining sole control of Cobham Aerospace, with the Autorité determining that the transaction would not have any negative impacts on competition in the aeronautics sector. This clearance allows Thales to proceed with the acquisition as planned, expanding its presence in the aeronautics industry.