Snpe Hopes to Strike Deal On Propellants Unit Sale to Safran Soon

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MANAVIGATOR-April 7, 2010-SNPE hopes to strike deal on propellants unit sale to Safran soon (C)2010 M2 COMMUNICATIONS http:/ /www.m2.com

French state-owned chemicals group SNPE is negotiating to offload its propellants unit, SNPE Materiaux Energetiques (SME), to diversified technology group Safran (EPA:SAF) and is hoping to complete a deal in the coming months, SNPE's chief executive Antoine Gendry told daily Les Echos.

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Snpe Hopes to Strike Deal On Propellants Unit Sale to Safran Soon

In an interview for Les...

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