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Precision Castparts Corp Announces Acquisition Of Permaswage Holding SAS


Thursday, 27 Jun 2013 02:30am EDT 

Permaswage Holding SAS announced that it has been sold to Precision Castparts Corp. (in a $600 million, all cash, transaction. Permaswage is the technology provider in the fluid fitting industry providing standard components, tooling, and training to many aerospace companies globally. The Company expects the transaction to be completed during the third quarter of 2013. Advisers acting in this transaction on behalf of the Company included: Lazard (exclusive financial advisor); KPMG (financial vendor assistance), CSP Associates (commercial vendor assistance), Clifford Chance (legal). 

Company Quote

204.445
-1.545 -0.75%
3:47pm EST