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U.K.’s GKN Aerospace Buys Swedish Engine Specialist Volvo Aero
July 06, 2012
U.K.-based GKN Aerospace has agreed to buy engine specialist Volvo Aero for $987 million, ending months of speculation over the future of the Swedish aerospace company. Among others, MTU Aero Engines and the Carlyle Group—an investment company—are understood to have been interested in Volvo Aero...
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