TransDigm Group Enters Definitive Agreement To Acquire Raptor Scientific For $655 Million In Cash
Portfolio Pulse from Benzinga Newsdesk
TransDigm Group has entered into a definitive agreement to acquire Raptor Scientific for $655 million in cash.
May 28, 2024 | 1:05 pm
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TransDigm Group has entered into a definitive agreement to acquire Raptor Scientific for $655 million in cash. This acquisition is likely to expand TransDigm's product portfolio and market reach.
The acquisition of Raptor Scientific is a significant move for TransDigm Group, likely to enhance its product offerings and market presence. This strategic acquisition is expected to positively impact TDG's stock price in the short term.
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