SINGAPORE (Sept 13): ST Engineering has entered into a conditional share purchase agreement to acquire a 100% stake in engine nacelle systems manufacturer MRA Systems for US$630 million on a cash-free and debt-free basis. The seller is the General Electric Company which has been shedding some of its companies in recent years.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply