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MoneyBloomberg Markets

GE to Buy Consolidated Precision Products for $11.75B

Bloomberg's Kiel Porter joins Scarlet Fu on "Bloomberg Deals." GE Aerospace agreed to buy castings manufacturer Consolidated Precision Products from Warburg Pincus and Berkshire Partners for $11.75 billion, a deal that will significantly expand the jet-engine manufacturer’s capacity for the critical components. (Source: Bloomberg)

Read it at Bloomberg Markets

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