Dassault group ready to quit Thales, citing no reason to stay
The Dassault group is set to sell its 5.7- percent share in Thales, the defense electronics group.

The Dassault group is set to sell its 5.7- percent share in Thales, the defense electronics group. “Is there any interest in staying in? My reply is no,” Dassault Aviation chief executive Charles Edelstenne told journalists on Friday. He said there is no long-term reason for Dassault to remain a minority shareholder in Thales, which last year resisted French government pressure to enter into a relationship with EADS, the Franco-German aerospace group.

Loading…