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TransDigm Group closes deal to acquire 72.6% of Breeze-Eastern

TransDigm Group Inc. on Dec. 31 completed its deal to acquire 72.6% of Breeze-Eastern Corp. for a transaction value of $119.0 million.

The company offered $19.61 per share for the stake.

In addition to general closing conditions, the deal required additional review for antitrust concerns.

Baker & Hostetler LLP was the legal adviser for TransDigm Group.

Harris Williams & Co. Ltd. was the financial adviser for Breeze-Eastern, while Freshfields Bruckhaus Deringer US LLP was the legal adviser.