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TransDigm To Acquire AmSafe

Defense Daily Staff Defense Daily Staff
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TransDigm Group [TDG] last Friday said it has agreed to acquire AmSafe Global Holdings for $750 million in cash, giving it more products that are installed on passenger jets as well as military aircraft. The deal is expected to close by the end of March pending regulatory approval. TransDigm is buying AmSafe from a group controlled by Berkshire Partners LLC and Greenbriar Equity Group LLC with financing being done through a combination of new bank debt and cash. Arizona-based AmSafe…

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