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Representative image of gold bars and tanker traffic in the Strait of Hormuz, illustrating why gold prices climbed to a one-month high even as the waterway was declared completely open.

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General business news

TransDigm Group to acquire CPI’s electron device business for $1.4bn

TransDigm Group Inc. (NYSE: TDG) has agreed to acquire the Electron Device business from Communications & Power Industries…

byPallavi Madhiraju

November 9, 2023

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