GE Aerospace Inks $11.75B Deal To Acquire Consolidated Precision Products
GE Aerospace (NYSE:GE) announced today that it has signed an agreement to acquire Consolidated Precision Products (CPP), a leading manufacturer of highly engineered castings, from private investment firms Warburg Pincus
GE Aerospace is buying a company called Consolidated Precision Products that makes special metal parts for airplanes and engines. This shows GE thinks it needs these parts to grow its airplane business.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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