General Electric to acquire Smiths Aerospace

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General Electric to acquire Smiths Aerospace
World’s biggest jet-engine maker General Electric has said that they are now acquiring the Smiths Group Plc’s aerospace business for $4.8 billion.
This comes at a time when there is massive demand for commercial aircrafts. The announcement of this deal helped Smiths shares gain 17% in the stock markets.
This [...]

http://business.techwhack.co/1719/smiths-aerospace/