Back to News
Market Impact: 0.58

GE Aerospace to buy castings maker CPP for nearly $12 billion

Source: reuters.com

M&A & RestructuringTrade Policy & Supply ChainAerospace & Defense
GE Aerospace to buy castings maker CPP for nearly $12 billion

GE Aerospace will acquire castings manufacturer Consolidated Precision Products from Warburg Pincus and Berkshire Partners for $11.75 billion. The deal expands GE Aerospace's supply-chain capabilities, potentially improving component availability and vertical integration for its aerospace operations.

AllMind Terminal

AI-powered research, real-time alerts, and portfolio analytics for institutional investors.

Request Trial

Market Sentiment

Overall Sentiment

moderately positive

Sentiment Score

0.55

Ticker Sentiment

GE0.55

More News