Aerospace industry manufacturer, Esterline, is seeking to acquire France’s Souriau Group. The company has offered $715 million to Souriau’s primary shareholder, Sagard Private Equity Partners and other shareholders.
Washington-based Esterline is seeking to fund the deal through a combination of cash and international debt. Esterline appointed Rothschild as adviser on the deal, while Sagard and Souriau named Morgan Stanley as an adviser.
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