May 24, 2016 / 12:21 PM / a year ago

TransDigm to buy ILC Holdings for $1 bln

May 24 (Reuters) - Aircraft components maker TransDigm Group Inc said on Tuesday it would buy ILC Holdings Inc from private equity firm Behrman Capital for $1 billion in cash.

ILC Holdings is the parent of Data Device Corp, which supplies databus and power supply products to the global military and commercial aerospace markets. (Reporting by Ankit Ajmera in Bengaluru; Editing by Ted Kerr)

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