Airbus, Thales Consider Space Activities Merger Again, La Tribune Reports

-- Airbus and Thales have launched quiet, exploratory talks to bring their space activities closer together, French business paper La Tribune reports, citing multiple unnamed sources.

-- The two aerospace companies are considering several scenarios, but they remain extremely cautious about the success of these discussions, following previous attempts to merge their space activities over the last 15 years, La Tribune reports.

-- Airbus and Thales declined to comment when approached by Dow Jones Newswires.

Full story: https://tinyurl.com/schzm2du

Write to Cristina Gallardo at [e-mail]

(END) Dow Jones Newswires

07-15-24 0446ET