Safran SA (ENXTPA:SAF) is looking for M&A. Pascal Bantegnie said, "M&A is always opportunistic. And we will always look at them in an opportunistic manner, meaning that it has to make sense, technology and strategically wise as well as economically wise. And we are always going to look at bolt-on acquisition.

Now I recognize that this one is, let's say, a little bit bigger than a small bolt-on acquisition. It's -- let's say, it's a meaningful size, yes. So that won't happen every day".