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TransDigm to acquire Prince & Izant for $1.066 billion

First publishedJul 27, 11:20 UTC
Last updatedJul 27, 13:13 UTC · 6m ago
11 outletInvesting.com · Company News
Investing.com · Company News5TransDigm to acquire Prince & Izant for $1.066 billionOpen ↗
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TransDigm to acquire Prince & Izant for $1.066 billion
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TransDigm to acquire Prince & Izant for $1.066 billion CLEVELAND - TransDigm Group Incorporated (NYSE:TDG) announced today it has entered into a definitive agreement to acquire Prince & Izant for approximately $1.066 billion in cash, including certain tax benefits, according to a press release statement. Prince & Izant, headquartered in Cleveland, Ohio, designs and manufactures brazing alloys and specialty metal components for aerospace and defense, aeroderivative turbine, and transportation markets.

Reported by 1 outlet — Investing.com · Company News. See all sources ↓

TransDigm to acquire Prince & Izant for $1.066 billion CLEVELAND - TransDigm Group Incorporated (NYSE:TDG) announced today it has entered into a definitive agreement to acquire Prince & Izant for approximately $1.066 billion in cash, including certain tax benefits, according to a press release statement. Prince & Izant, headquartered in Cleveland, Ohio, designs and manufactures brazing alloys and specialty metal components for aerospace and defense, aeroderivative turbine, and transportation markets. The company also serves medical and general industrial sectors. Within aerospace and defense, applications include aircraft engine fuel nozzles and rocket engines.

Read the full report at Investing.com · Company News ↗

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In brief
What's the story?
TransDigm to acquire Prince & Izant for $1.066 billion CLEVELAND - TransDigm Group Incorporated (NYSE:TDG) announced today it has entered into a definitive agreement to acquire Prince & Izant for approximately $1.066 billion in cash, including certain tax benefits, according to a press release statement. Prince & Izant, headquartered in Cleveland, Ohio, designs and manufactures brazing alloys and specialty metal components for aerospace and defense, aeroderivative turbine, and transportation markets.
How widely is it covered?
1 outlet, average source rating 5.0/10.
When was it last updated?
6m ago.
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    TransDigm to acquire Prince & Izant for $1.066 billion

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    TypeCoverage
    Investing.com · Company News
Related in the knowledge graph
organizationClevelandorganizationIzantorganizationNYSEorganizationOhioorganizationPrinceorganizationTDGorganizationTransDigmorganizationTransDigm Group Incorporated
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Avg source rating 5.0/10
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