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StandardAero has acquired 100% ownership of Asian Surface Technologies Pte. Ltd. (AST), a Singapore-based component repair facility, from joint venture partners Pratt & Whitney and SIA Engineering Company.
“StandardAero announced today that it has signed an agreement with joint venture partners Pratt & Whitney... for the purchase of 100% ownership stake in Singapore-based component repair facility, Asian Surface Technologies Private Limited (AST).”standardaero.com
Summarized from public sources; check the original articles before acting on it.