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ST Engineering received CFIUS approval for its $440 million acquisition of Middle River Aircraft Systems (MRAS) from General Electric. The deal is expected to close this week.
ST Engineering has received anti-trust approvals for its $630 million acquisition of MRA Systems from GE, pending clearance from the Committee on Foreign Investment in the United States, with closing expected in Q2 2019.
ST Engineering's US subsidiary VT Aerospace signed an agreement to acquire MRA Systems (MRAS), a nacelle manufacturer, from General Electric for $630 million.