Shaanxi Ligeance unit to acquire UK's Northern Aerospace for GBP44M

Gardner Aerospace Holdings, a wholly-owned UK unit of Shaanxi Ligeance Mineral Resources, plans to acquire a 100% stake in Northern Aerospace for GBP44 million (USD59 million). The deal is subject to conditions and approvals.

“Shaanxi Ligeance Mineral Resources plans to wholly acquire British supplier of aircraft wing structures Northern Aerospace via its wholly-owned unit in the UK.”www2.yicaiglobal.com

• 2 sources
• www2.yicaiglobal.comShaanxi Ligeance Unit Plans to Wholly Acquire UK's Aircraft Wing Supplier Northern AerospaceTang ShihuaJun 8, 2018
• yicaiglobal.comShaanxi Ligeance Unit Plans to Wholly Acquire UK's Aircraft Wing Supplier Northern AerospaceTang ShihuaJun 8, 2018

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