Edition:
India

TransDigm Group Inc (TDG.N)

TDG.N on New York Stock Exchange

334.78USD
1:32am IST
Change (% chg)

$-2.41 (-0.71%)
Prev Close
$337.19
Open
$337.48
Day's High
$337.48
Day's Low
$333.68
Volume
178,606
Avg. Vol
106,940
52-wk High
$377.47
52-wk Low
$261.05

Latest Key Developments (Source: Significant Developments)

Tiger Global Management LLC Ups Share Stake In Twitter, Sunrun
Wednesday, 15 Aug 2018 

Aug 14 (Reuters) - TIGER GLOBAL MANAGEMENT LLC ::TIGER GLOBAL MANAGEMENT LLC UPS SHARE STAKE IN TWITTER INC BY 23.8 PERCENT TO 11.7 MILLION SHARES.TIGER GLOBAL MANAGEMENT LLC REPORTS SHARE STAKE IN PIVOTAL SOFTWARE INC OF 1.3 MILLION CLASS A SHARES - SEC FILING.TIGER GLOBAL MANAGEMENT LLC UPS SHARE STAKE IN SUNRUN INC TO 13.9 MILLION SHARES FROM 5.7 MILLION SHARES - SEC FILING.TIGER GLOBAL MANAGEMENT LLC CUTS SHARE STAKE IN TRANSDIGM GROUP INC BY 12.0 PERCENT TO 2.4 MILLION SHARES - SEC FILING.TIGER GLOBAL MANAGEMENT LLC - CHANGE IN HOLDINGS ARE AS OF JUNE 30, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF MARCH 31, 2018.  Full Article

Transdigm Group says Amendment To Securitization Facility Increases Borrowing Capacity From $300 mln To $350 mln
Friday, 3 Aug 2018 

Aug 3 (Reuters) - TransDigm Group Inc ::TRANSDIGM GROUP INC - ON JULY 31, CO AND ITS UNIT AND LENDERS UNDER CO'S ACCOUNTS RECEIVABLE SECURITIZATION FACILITY AMENDED SECURITIZATION FACILITY.TRANSDIGM GROUP INC - AMENDMENT TO SECURITIZATION FACILITY INCREASES BORROWING CAPACITY FROM $300 MILLION TO $350 MILLION - SEC FILING.TRANSDIGM GROUP INC - AMENDMENT TO SECURITIZATION FACILITY EXTENDS MATURITY DATE TO JULY 31, 2019.  Full Article

TransDigm Announces Kevin Stein As President And CEO
Tuesday, 1 May 2018 

April 30 (Reuters) - TransDigm Group Inc ::TRANSDIGM ANNOUNCES KEVIN STEIN AS PRESIDENT AND CEO AND W. NICHOLAS HOWLEY AS EXECUTIVE CHAIRMAN, APPOINTMENT OF NEW BOARD MEMBERS.TRANSDIGM GROUP INC - AS PART OF ORGANIZATIONAL CHANGE, STEIN AND HOWLEY HAVE BOTH MODIFIED AND EXTENDED THEIR EMPLOYMENT AGREEMENTS THROUGH 2024.TRANSDIGM GROUP INC - STEIN AND HOWLEY HAVE BOTH MODIFIED AND EXTENDED THEIR EMPLOYMENT AGREEMENTS THROUGH 2024.  Full Article

TransDigm Group Incorporated Appoints James Skulina Interim CFO
Wednesday, 3 Jan 2018 

Jan 2 (Reuters) - Transdigm Group Inc ::TRANSDIGM GROUP INCORPORATED APPOINTS JAMES SKULINA INTERIM CFO.TRANSDIGM GROUP INC - SKULINA REPLACES TERRANCE PARADIE.TRANSDIGM GROUP INC - ‍PARADIE WILL REMAIN AN EMPLOYEE OF COMPANY UNTIL APRIL 2, 2018.TRANSDIGM - PARADIE'S DEPARTURE UNRELATED TO CO'S "FINANCIAL CONDITION, FINANCIAL DISCLOSURE OR STRATEGIC DIRECTION".  Full Article

Transdigm Agrees To Divest Schroth To Management And Perusa
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Transdigm Group Inc ::TRANSDIGM AGREES TO DIVEST SCHROTH TO MANAGEMENT AND PERUSA.TRANSDIGM GROUP INC - DEPARTMENT OF JUSTICE HAS ACCEPTED THE PROPOSAL, WHICH IS SUBJECT TO COURT APPROVAL.TRANSDIGM GROUP SAYS TO SELL SCHROTH SAFETY PRODUCTS IN A MANAGEMENT BUYOUT (MBO) TO PERUSA PARTNERS FUND 2, L.P..TRANSDIGM SAYS ALTHOUGH CO "DISAGREES" WITH DOJ'S POSITION, IT WAS "PRUDENT" TO AGREE TO DIVEST SCHROTH BUSINESS.  Full Article

Transdigm Group Says Co, Units Entered Amendment No. 4,Refinancing Facility Agreement To Credit Agreement Dated June 4, 2014
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Transdigm Group Inc ::TRANSDIGM GROUP-ON NOV 30,UNITS, CO,TRANSDIGM ENTERED AMENDMENT NO. 4,REFINANCING FACILITY AGREEMENT TO CREDIT AGREEMENT DATED JUNE 4, 2014.TRANSDIGM GROUP INC SAYS PURSUANT TO AMENDMENT, CO'S UNIT INCURRED NEW TRANCHE E TERM LOANS OF $1,503 MILLION -SEC FILING.TRANSDIGM GROUP- UNIT REPAID IN FULL ALL OF EXISTING TRANCHE D, TRANCHE E, TRANCHE F TERM LOANS OUTSTANDING UNDER CREDIT AGREEMENT PRIOR TO AMENDMENT.  Full Article

TransDigm Group reports Q4 adjusted earnings per share $3.48
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - TransDigm Group Inc :TransDigm group reports fiscal 2017 fourth quarter and year-end results.Q4 adjusted earnings per share $3.48.Q4 earnings per share $2.21 from continuing operations.Q4 sales $923.9 million versus I/B/E/S view $956.5 million.Q4 earnings per share view $3.41 -- Thomson Reuters I/B/E/S.Sees FY 2018 earnings per share $11.61 to $12.25 from continuing operations.Sees FY 2018 sales $3.645 billion to $3.725 billion.FY2018 revenue view $3.76 billion -- Thomson Reuters I/B/E/S.FY2018 earnings per share view $13.40 -- Thomson Reuters I/B/E/S.TransDigm Group Inc - ‍Fiscal 2018 adjusted earnings per share are expected to be in range of $12.78 to $13.42 per share​.TransDigm Group Inc sees FY 2018 ‍EBITDA, as defined, in range of $1,805 million to $1,855 million​.TransDigm - ‍FY 2018 guidance assumes commercial aftermarket & OEM revenues to grow in mid-single-digit percentage range.TransDigm - ‍FY 2018 guidance assumes defense revenues up in low to mid-single-digit percentage range​.  Full Article

TransDigm Group says co, unit increased borrowings under securitization facility
Saturday, 16 Sep 2017 

Sept 15 (Reuters) - TransDigm Group Inc ::On Sept 11, co, unit increased borrowings under trade accounts receivable securitization facility from $200 million to $300 million - SEC filing​.  Full Article

Harris and L3 agree merger to become sixth-largest U.S. defense contractor

Military communication equipment providers Harris Corp and L3 Technologies Inc announced on Sunday an all-stock merger that will create the United States' sixth-largest defense contractor with a market value of $34 billion.