Brief: GE Aerospace To Acquire Consolidated Precision Products (Cpp), Expanding Mission-Critical Castings Capacity
BRIEF-GE Aerospace To Acquire Consolidated Precision Products (Cpp), Expanding Mission-Critical Castings Capacity Sept 8 (Reuters) - General Electric Company GE.N:
GE AEROSPACE TO ACQUIRE CONSOLIDATED PRECISION PRODUCTS (CPP), EXPANDING MISSION-CRITICAL CASTINGS CAPACITY
GE AEROSPACE - DEAL VALUED AT $11.75 BILLION, EXPECTED ACCRETIVE TO ADJUSTED EPS AND FREE CASH FLOW IN YEAR ONE
GE AEROSPACE - DEAL TO BE FINANCED WITH $7 BILLION CASH, REMAINDER IN NEW DEBT
GE AEROSPACE - ACQUISITION IS EXPECTED TO BE ACCRETIVE TO ADJUSTED EPS AND FREE CASH FLOW IN FIRST YEAR
Source text: ID:nGNXhRdvl
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