
GE Aerospace Acquires Consolidated Precision Products for $11.75 Billion
General Electric has agreed to buy Consolidated Precision Products in a deal valued at $11.75 billion. The acquisition is seen as a strategic move for GE Aerospace, potentially impacting competitors like SpaceX and benefiting related stock sectors.
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GE to Buy Consolidated Precision Products for $11.75B
Bloomberg's Kiel Porter joins Scarlet Fu on "Bloomberg Deals." GE Aerospace agreed to buy castings manufacturer Consolidated Precision Products from Warburg Pincus and Berkshire Partners for $11.75 billion, a deal that will significantly expand the jet-engine manufacturer’s capacity for the critical components. (Source: Bloomberg)
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