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Old 14-09-2018, 04:33 PM   #1059
Milo-Dino
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https://www.businesstimes.com.sg/com...rer-for-us630m

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

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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.

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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
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