GE Aerospace To Acquire Consolidated Precision Products (Cpp), Expanding Mission-Critical Castings Capacity
GE•GE Aerospace to acquire Consolidated Precision Products
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
