SAFRAN

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SAF: Sony Ericsson & LG Philips & MOT

15/02/2008 par Ancien4425 0
AFX News Limited

Safran in talks with Sony Ericsson, LG, Motorola to sell mobiles ops - report

02.15.08, 4:02 AM ET



PARIS (Thomson Financial) - Safran is in talks with SonyEricsson, LG and Motorola as potential

buyers of its mobile phones business, the daily Les Echos said, without citing sources.



It also said Safran is preparing to buy the Chinese company Bird's 50 pct stake in a joint venture

for making mobile phones, to allow Safran to sell the phones business more readily.



Safran already purchased Bird's 50 pct stake in another joint venture they had created for research

and development.



tfn.paris@thomson.com

mjs/slm



Source:

http://www.forbes.com/markets/feeds/afx/2008/02/15/afx4659841.html
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