Aerospace equipment supplier Safran announced on Thursday that it had received the Italian government's approval for the acquisition of Microtecnica, a company combining the assets of Collins Aerospace located in Italy.

The operation, which had initially been blocked by Rome at the end of 2023, was finally approved, the French group having made the necessary commitments to guarantee Italian national interests, the company announced in a press release.

(Written by Alban Kacher, edited by Blandine Hénault)