Continental Motors Sold to China's Avic

By Graham Warwick graham_warwick@aviationweek.com
WASHINGTON

China’s AVIC International is to buy U.S. general-aviation engine manufacturer Continental Motors from Teledyne Technologies for $186 million in cash. Anticipated growth in the Chinese general aviation market is cited as reason for the purchase.

The acquisition of Mobile, Ala.-based Continental and its service centers requires U.S. government anti-trust and ...

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