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ST Engg to buy General Electric unit for US$630m

MRA Systems makes airplane engine casings, a business poised for growth as global aircraft fleet expands

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Mainboard-listed Singapore Technologies Engineering (ST Engineering) has agreed to acquire General Electric's MRA Systems LLC (MRAS) - in what will be its largest takeover to date - for some US$630 million.

Singapore

MAINBOARD-listed Singapore Technologies Engineering (ST Engineering) has agreed to acquire General Electric's MRA Systems LLC (MRAS) - in what will be its largest takeover to date - for some US$630 million.

ST Engineering's US subsidiary, Vision Technologies Aerospace,

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