Meggitt suitor TransDigm has been given a deadline of Sept. 14 by the UK Takeover Panel to formalise a counter bid for the British engineering company or walk away. The group, which supplies wheels and brakes for...
U.S. FTC chair calls for tougher stance on defense mergers
U.S. Federal Trade Commission Chair Lina Khan, responding to a letter from progressive Senator Elizabeth Warren, wrote in a letter released Thursday that she believed antitrust enforcers should take steps to block more...
Thales to sell signalling business to Hitachi in $2 billion deal
Thales, Europe’s largest defence electronics company, said it was in advanced talks to sell its GTS railway signalling business to Japan’s Hitachi in a deal that values the division at 1.66 billion euros ($2 billion)...
AerCap wins unconditional EU okay for $30 bln GE deal
EU antitrust regulators on Tuesday approved without conditions Irish aircraft leasing company AerCap’s $30 billion bid for General Electric’s aircraft leasing business, according to a filing on the European...
AerCap to win unconditional EU okay for $30 bln GE deal – sources
Irish aircraft leasing company AerCap is set to secure unconditional EU antitrust approval for its $30 billion bid for General Electric’s aircraft leasing business, three people familiar with the matter said...
Tata Motors among big firms shortlisted to bid for BEML
Ashok Leyland Ltd, Bharat Forge Ltd, Tata Motors Ltd and Hyderabad-based Megha Engineering and Infrastructure Ltd (MEIL) are among potential bidders shortlisted to buy a 26% stake in state-run defence equipment maker...
Senator Warren questions Lockheed’s antitrust solution to buy Aerojet
U.S. Senator Elizabeth Warren has asked the Federal Trade Commission to take a tougher look at defense industry mergers, questioning a proposal from Lockheed Martin that would allow it to buy the biggest independent...
Huntington Ingalls to buy Alion Science for $1.65 billion
Military shipbuilding firm Huntington Ingalls Industries Inc said on Tuesday it plans to buy Alion Science and Technology for $1.65 billion in cash from Veritas Capital to boost its security solutions portfolio. Alion...
Italy’s Leonardo to buy 25% stake in German sensor maker Hensoldt
Italian defence group Leonardo said on Saturday it agreed to buy a 25.1% stake in German military sensor maker Hensoldt from buyout firm KKR for 23 euros per share in cash, or around 606 million euros ($733 million)...
French defence group Thales to sell signalling business -sources
Thales is putting its rail signalling business up for sale in a potential deal worth 1.5 billion euros or more ($1.8 billion) as the French defence and aerospace group seeks to streamline operations, people close to the...
Carlyle Aviation Partners to buy aircraft leasing firm in $2.36 billion deal
Private equity firm Carlyle Group said on Monday an affiliate of Carlyle Aviation Partners, its aviation investment arm, will buy aircraft leasing company Fly Leasing Ltd for an enterprise value of $2.36 billion...
Satellite data company Spire to go public in latest SPAC space deal
Satellite data company Spire Global Inc said on Monday it has agreed to go public through a merger with blank-check acquisition firm NavSight Holdings Inc at a $1.6 billion valuation. It is the latest example of a...
