M&As this week: Airlink, Thales

1 December 2017 (Last Updated December 1st, 2017 11:04)

SA Airlink has signed a merger deal with Safair Operations.

SA Airlink has signed a merger deal with Safair Operations.

Expected to close by March 2018, the deal will enable both the airlines to increase connectivity and growth, as well as reduce combined costs.

Thales Group has acquired UK-based radar technology company Aveillant.

“SA Airlink has signed a merger deal with Safair Operations.”

Thales Group is a provider of technology solutions for the aerospace, defence, and security markets.

The transaction will help support Thales Group’s business growth.