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Elbit eyes acquisition opportunities from Raytheon-UTC deal


Reuters


PARIS, June 19 (Reuters) - Israel-based Elbit Systems on Wednesday said it would keep an eye out for possible acquisitions if the proposed merger of U.S. aerospace companies Raytheon Co and United Technologies Corp triggers certain divestments.

"We could have several opportunities coming from that kind of merger," Ran Kril, executive vice president for International Marketing & Business Development, told Reuters at the Paris Airshow.

Kril said Elbit was committed to expanding in the United States, and would keep a close eye on any possible divestments ordered by U.S. authorities reviewing the proposed merger.

"We've decided to grow in America and after the Harris acquisition, we will always find opportunities to expand our portfolio and our presence in the U.S.," Kril said.






This article appears in: World Markets , Stocks
Referenced Symbols: ESLT ,



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