TransDigm Group Incorporated
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Esterline to be acquired by TransDigm for approximately $4 billion - News
October 17, 2018
CLEVELAND, OH and BELLEVUE, WA. TransDigm Group Incorporated officials entered into a definitive agreement to purchase Esterline Technologies Corp. TransDigm expects the acquisition to be financed primarily through cash on hand and the incurrence of new term loans, and currently anticipates the acquisition to be modestly accretive to TransDigm?s adjusted earnings per share within the first year of ownership.
