General Electric Commits To Pratt, R-R Contracts If Avio Takeover Is Successful
General Electric says its $4.3 billion purchase of Avio will have no impact on the Italian supplier’s contracts with Pratt & Whitney and Rolls-Royce. The Avio acquisition currently is being scrutinized by U.S. and European antitrust investigations, but GE Aviation President and CEO David Joyce...
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