GE Aerospace to acquire castings supplier CPP for $11.75 billion
Bookmark this storyGE Aerospace will buy Consolidated Precision Products from Warburg Pincus and Berkshire Partners for $11.75 billion, expanding its control of highly engineered castings capacity. The transaction is intended to support demand across commercial engines, aftermarket services and defense, and is expected to add to adjusted earnings and free cash flow in its first year.
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