LA PLATA, Maryland — Europe’s two biggest space-hardware builders, Airbus Defence and Space and Thales Alenia Space, have entered “preliminary, nonbinding” discussions on a merger of their satellite business, Airbus Chief Executive Guillaume Faury said Feb. 20.
The discussions include Leonardo of Italy, which owns one-third of Thales Alenia Space and two-thirds of satellite services provider Telespazio. Thales owns the remaining shares of both companies.
In a Feb. 20 investor call, Faury said the talks are limited to . . .
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