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Honeywell to Get CAES Solutions for $1.9 Billion in Money

Honeywell International (HON) claimed Thursday it will certainly obtain aerospace and protection innovation business CAES Solution from private-equity company Development International for around $1.9 billion in an all-cash bargain. CAES, previously referred to as Cobham Advanced Electronic Solutions, has 13 centers in The United States and Canada. Honeywell claimed the purchase will certainly assist enhance its protection offerings, consisting of …

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