SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE H impact

GE Aerospace agrees to buy Consolidated Precision Products for $11.75B

GE Aerospace agreed to buy metal-castings provider Consolidated Precision Products for $11.75 billion, betting on advanced materials needed to keep its advanced engines cool.

GE

75 billion, in a move that reflects a large bet on the advanced materials used to keep its advanced engines cool. The engine maker said it is buying the company from private investment firms Warburg…