Commercial jet engine component providers could be the next sector in line to experience a significant roll-up regarding mergers and acquisitions, says Michael Richter, managing director and head of the aerospace and defense investment banking group at Lazard. "There’s yet to be major consolidation in the global engine [parts] market and [they] are the next frontier," Richter says. The merger-and-acquisition adviser offered his insights recently to Aviation Week ahead of the ...

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