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Reuters GE to buy Avio’s aviation busin

Reuters GE to buy Avio’s aviation business for $4.3 billion – MILAN (Reuters) – General Electric has agreed to buy the aviation business of Italian aerospace company Avio for 3.3 billion euros ($4.3 billion), or 8.5 times Avio’s 2012 EBITDA, the companies said on Friday. http://ow.ly/2tS16y

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