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Safran to Sell In-flight Entertainment, Connectivity Unit

MT Newswires·12/10/2025 08:00:06
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08:00 AM EST, 12/10/2025 (MT Newswires) -- Safran (SAF.PA) agreed to sell its Safran Passenger Innovations division to Kingswood Capital Management. The sale of the French aircraft equipment manufacturer's in-flight entertainment and connectivity solutions unit is set to close in the first quarter of 2026, subject to regulatory approvals and other customary conditions, according to a Wednesday release.