December 21, 2017 / 4:52 PM / a year ago

BRIEF-Transdigm Agrees To Divest Schroth To Management And Perusa

Dec 21 (Reuters) - Transdigm Group Inc:

* TRANSDIGM AGREES TO DIVEST SCHROTH TO MANAGEMENT AND PERUSA

* TRANSDIGM GROUP INC - DEPARTMENT OF JUSTICE HAS ACCEPTED THE PROPOSAL, WHICH IS SUBJECT TO COURT APPROVAL

* TRANSDIGM GROUP SAYS TO SELL SCHROTH SAFETY PRODUCTS IN A MANAGEMENT BUYOUT (MBO) TO PERUSA PARTNERS FUND 2, L.P.

* TRANSDIGM SAYS ALTHOUGH CO “DISAGREES” WITH DOJ’S POSITION, IT WAS “PRUDENT” TO AGREE TO DIVEST SCHROTH BUSINESS Source text for Eikon: Further company coverage:

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