GE to Acquire Consolidated Precision Products for $11.75B
General Electric moved to acquire long-time supplier Consolidated Precision Products for US$11.75b. The deal comes as the stock trades above a cited fair value, with commentary attributing the gap to a premium on the GE Aerospace outlook. Investors focus on valuation multiples, with shares at 37.5x earnings versus a 34.8x fair ratio, suggesting potential compression if sentiment cools.