French government divests Safran stake to boost national economy

The French government hoped to help fund new state investments and boost national economy by divesting 3.5% of its stake in jet engine maker Safran.

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Turbomeca buys Rolls-Royce's helicopter engine program stake for EUR293 million

Rolls-Royce had sold its 50% stake in the RTM322 helicopter engine program to its program partner Turbomeca by Safran for EUR239 million or USD386 million.

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