06.06.2014 19:30:00

Sopra Signs an Industrial and Commercial Collaboration Agreement with CS Communication & Systèmes

Regulatory News:

Sopra (Paris:SOP) announced that on 6 June 2014 it signed an industrial and commercial collaboration agreement with its long-time partner, CS Communication & Systèmes. The main objective of the agreement is to improve and reinforce overall performance, notably by developing existing industrial and commercial collaborations in aeronautics and defence, and by establishing new areas for cooperation in activities related to security, space and energy.

As part of this initiative, Sopra will subscribe for an issue of convertible bonds open to CS shareholders, and an agreement will be entered into with the majority shareholder of CS Communication & Systèmes on customary terms.

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