What is the current status of the Esterline Technologies Corporation acquisition?

The acquisition is progressing well, with all required regulatory reviews completed except for the European Commission's antitrust review and a French foreign investment review.

When does TransDigm expect the acquisition to close?

TransDigm currently expects the acquisition to close in March or April 2019, provided the remaining regulatory reviews are satisfactory and other customary closing conditions are met.

Are there any remaining significant hurdles for the acquisition?

The primary remaining hurdles are the antitrust review by the European Commission and the foreign investment review by French authorities. Satisfactory completion of these is expected.

TDG 8-K: Regulation FD — Jan 29, 2019

Summary

TransDigm Group Inc. (TDG) has provided an update on its acquisition of Esterline Technologies Corporation. The company has received regulatory approvals for the acquisition, with all required reviews now complete with the exception of the European Commission's antitrust review and a French foreign investment review. This progress is a significant step towards finalizing the deal.

Key Highlights

1Regulatory approvals for the Esterline acquisition are nearing completion.
2Only the European Commission antitrust review and French foreign investment review remain outstanding.
3The company expects the acquisition to close in March or April 2019, subject to satisfactory completion of remaining reviews and other customary conditions.
4This update provides investors with clarity on the timeline for the Esterline acquisition.
5The acquisition is a key strategic move for TransDigm, and progress on regulatory fronts reduces uncertainty.

TransDigm Group INC 8-K Report, Regulation FD Disclosure (Jan 29, 2019)

Summary

Key Highlights

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