Airbus CEO Says Studying All Options In Space Including M&A; Confirms New Cost Reduction Programme In Commercial Division
Portfolio Pulse from Benzinga Newsdesk
Airbus CEO announced that the company is exploring various options in the space sector, including potential mergers and acquisitions (M&A). Additionally, Airbus confirmed a new cost reduction program in its commercial division.
July 30, 2024 | 4:38 pm
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Airbus is considering various options in the space sector, including potential M&A, and has confirmed a new cost reduction program in its commercial division.
The announcement of exploring M&A options in the space sector could lead to strategic growth opportunities for Airbus. Additionally, the new cost reduction program in the commercial division may improve profitability. Both factors are likely to positively impact the stock price in the short term.
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