"Airbus Partners with Thales and Leonardo to Establish a New European Space Leader"

**Law Firms Involved:** Clifford Chance advised Airbus, Thales, and Leonardo on the signing of a Memorandum of Understanding (MOU) aimed at creating a new company to combine their space activities. **Transaction Overview:** Airbus, a global aerospace and defense group, signed an MOU with Thales, a leader in high technology for defense, aerospace, and cybersecurity, and Leonardo, a major Italian industrial group in the aerospace, defense, and security sectors. The collaboration aims to merge their satellite production and related services, establishing a resilient European space player to enhance Europe's strategic autonomy and global competitiveness. The new company is expected to be operational in 2027, pending customary regulatory conditions and approvals. **Legal Team:** - **Clifford Chance:** - **Partners:** - Gilles Lebreton (Corporate) - Marianne Pezant (Corporate) - Dessislava Savova (Commercial Contracts) - Florence Aubonnet (Labor Law) - Ekaterina Zaboussova-Celsa (Labor Law) - **Counsel:** - Clémence Graffan (Public Law) - Alice Dunoyer de Segonzac (Compliance) - **Associates:** - Marie Silvain (Corporate) - Leila Medjadji (Corporate) - Alexandre Balducci (Commercial Contracts) - Lisa Fournier (Commercial Contracts) - Jérémy Guilbault (Commercial Contracts) - Eva Feurtet (Labor Law) - Alexandre Lepoutre (Labor Law) - Claire Oualid (Public Law) - Pierre-Hubert Boissière (Public Law) - Alexandra Demai (Public Law) - Mariam Tayara (Compliance) - Hendrik Coppoolse (Regulatory) The legal teams from Clifford Chance were led from various offices, including Paris, London, Frankfurt, Madrid, and Milan.

"Airbus Partners with Thales and Leonardo to Establish a New European Space Leader"

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