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Thales says has room for more acquisitions after Gemalto

Reuters
Patrice Caine, Chairman and Chief Executive Officer of Aerospace and defence group Thales, attends a news conference with Gemalto in Paris, France, December 18, 2017. REUTERS/Philippe Wojazer

PARIS (Reuters) - Aerospace and defence group Thales (TCFP.PA), which has agreed to buy chipmaker Gemalto (GTO.AS) for 4.8 billion euros (£4.24 billion), said on Monday it retained the financial leeway to seize other acquisition opportunities.

Chief Executive Patrice Caine also told a news conference that Gemalto's staff will have the opportunity to get jobs at Naval Group, a unit of Thales.

(Reporting by Cyril Altmeye, writing by Dominique Vidalon; editing by Richard Lough)