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Eaton Corporation agreed to acquire Cobham Mission Systems (CMS), the air refueling division of Cobham plc, from Advent International for $2.83 billion. The acquisition is expected to complete in the second half of 2021.
“Cobham Mission Systems’ highly complementary products and strong position on growing defence platforms will enhance our fuel systems business and position our aerospace business for future growth.”dorsetbiznews.co.uk
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