TransDigm will pay $1.39 billion for the Electron Device Business of Communications & Power Industries.
Credit: TransDigm
TransDigm said Nov. 9 that it would acquire the Electron Device Business of Communications & Power Industries (CPI) for $1.39 billion from the private equity firm the Jordan Company, as the Ohio-based aerospace component maker steps up its presence in the burgeoning aviation aftermarket. The ongoing...
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