TDG - TransDigm to buy Cobham Aero Connectivity in $965M deal

TransDigm (TDG) agrees to acquire Cobham Aero Connectivity, a provider of highly engineered antennas and radios for the aerospace end market, for ~$965M in cash and tax benefits.Cobham, which operates two from two primary facilities in Arizona and the U.K., is expected to generate $225M in revenues in 2020.The company also says it is working with outside advisors to assist in identifying and approaching potential buyers on some defense-oriented operating units that were acquired as part of the ~$4B Esterline deal in 2019.

For further details see:

TransDigm to buy Cobham Aero Connectivity in $965M deal