Stork interested in Canadian aerospace firm

Engineering group Stork is in talks to take over Canadian plane builder Héroux-Devtek, the Financieele Dagblad reports today. Quoting ‘insiders’, the paper says the takeover would boost Stork’s turnover from aerospace activities by one third.

The news comes two days before an extraordinary shareholders meeting to discuss hedge fund demands that Stork focuses on aerospace and sells off its other two divisions.

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