NYSE:HWMAerospace & Defense
Howmet Aerospace Weighs CAM Acquisition Against Higher Debt And Growth Aims
Howmet Aerospace (NYSE:HWM) announced a multi billion dollar plan to acquire Consolidated Aerospace Manufacturing, CAM.
The deal will be financed through a major public offering of senior notes, representing a significant new debt commitment.
The transaction is positioned as a material expansion of Howmet's aerospace components footprint and customer reach.
For shareholders watching NYSE:HWM, this acquisition comes with the stock trading at $249.35 and a very large 3 year return, alongside...