GE Vernova (GEV) has agreed to acquire Woodward's (WWD) heavy-duty gas turbines combustion parts business, the companies said late Monday.
Financial terms of the deal, expected to close in early 2025, were not disclosed.
Under the terms of the agreement, GE Vernova will acquire assets of the Greenville, South Carolina business that already supply it with parts and services.
Woodward described the sale as "not financially material." Woodward Chief Executive Chip Blankenship said shedding the unit will help the company "focus resources on products that will drive the most value."
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。