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BBA completes portfolio acquisition from GE Aviation

03 January 2017 16:03

BBA Aviation completed its acquisition of a portfolio of legacy avionics products from GE Aviation.

The acquisition was made via Ontic, BBA Aviation's legacy support business for $61.5m on a cash and debt free basis, which was paid from existing financial resources.

At 4:03pm: (LON:BBA) BBA Aviation PLC share price was +2.15p at 285.45p

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