By Rory Gallivan

 

LONDON--Smiths Group PLC (SMIN.LN) Thursday said it will buy California-based detection and security business Morpho Detection from French aviation and defense company SAFRAN SA (SAF.FR) for $710 million.

The U.K. technolony company said Morpho Detection will be merged with it detection division, which makes scanners for airports and other security products.

 

-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan

 

(END) Dow Jones Newswires

April 21, 2016 02:34 ET (06:34 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
Smiths (PK) (USOTC:SMGZY)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024 Click aqui para mais gráficos Smiths (PK).
Smiths (PK) (USOTC:SMGZY)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024 Click aqui para mais gráficos Smiths (PK).