Aerospatiale-Matra Merger Removes Restructuring Hurdle

Following lengthy negotiations on conflicting company valuations, the French government, Aerospatiale and Lagardere have agreed on final terms of the Aerospatiale-Matra Hautes Technologies (MHT) merger. The unified industrial group, dubbed Aerospatiale-Matra, will have 56,500 employees and an...

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