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Alcoa (AA) will purchase the aerospace fastener business of TransDigm (TDG) for $240M, which...

Alcoa (AA) will purchase the aerospace fastener business of TransDigm (TDG) for $240M, which will become part of Alcoa Fastening Systems. Alcoa says the deal will close during Q1 and be accretive to earnings and cash flow in the first year. (PR)
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