[1/2] The logo of Safran is seen outside the company's headquarters in Issy-les-Moulineaux near Paris, France, January 2, 2019.
REUTERS/Gonzalo Fuentes/File PhotoPARIS, June 5 (Reuters) - French aero engine maker Safran (SAF.PA) said on Monday it was s in discussions with U.S. aerospace company Raytheon Technologies (RTX.N) for the potential acquisition of certain flight control and actuation activities, confirming earlier media reports.
As appropriate, detailed information on a possible transaction would be given in due course," Safran said in a short statement.
Safran shares ended down 1.3% at 137,24 euros on the French stock market while Raytheon shares were up 0.4% at around 15:40 GMT.
Earlier, Bloomberg reported that Safran was in talks with Raytheon over flight control assets for a deal worth one billion dollars.
Persons:
Safran, Gonzalo Fuentes, SAF.PA, Benoit Van Overstraeten
Organizations:
REUTERS, French, Raytheon Technologies, Raytheon, Bloomberg, GV, Thomson
Locations:
Issy, Paris, France