View Single Post
Old 14-09-2018, 04:33 PM   #1059
High Supremacy Member
Milo-Dino's Avatar
Join Date: May 2009
Posts: 25,702

ST Engineering unit to acquire GE's aircraft part manufacturer for US$630m
THU, SEP 13, 2018 - 8:00 PM


After factoring in closing adjustments, the consideration for the proposed acquisition is estimated to be US$440 million. This will be funded by internal cash and external borrowings, and be fully paid in cash upon completion of the deal, ST Engineering said.

If I remember correctly, STE has $2-3b cash on balance sheet, they can easily pay up all cash for the deal
ok thanks.

haven't looked at their balance sheet in a long time.
just that when i saw the figure, instinctively i think of equity issue
Seiko Samurai SS
Ball Engineering II Master Diver
Stowa Antea 390
Milo-Dino is offline   Reply With Quote