Dec 21, 2023ACQUISITIONUnited States AAR Corp to acquire Triumph Group's Product Support business for $725M
AAR Corp announced an agreement to acquire Triumph Group's Product Support business, a provider of MRO services to the global aviation aftermarket, for $725 million in cash. The transaction is expected to be accretive to revenue growth and adjusted EPS in the first full fiscal year.
ProductsMRO services for aviation aftermarket
“AAR ANNOUNCES AGREEMENT TO ACQUIRE TRIUMPH GROUP'S PRODUCT SUPPORT BUSINESS, A LEADING PROVIDER OF MRO SERVICES TO THE GLOBAL AVIATION AFTERMARKET”stockopedia.com
- 5 sources
- stockopedia.comAAR | Brief: AAR Announces Agreement To Acquire Triumph Group's Product Support BusinessDec 21, 2023
- prnewswire.comAAR announces agreement to acquire Triumph Group's ...AAR CORP.Dec 21, 2023
- finance.yahoo.comAerospace supplier Triumph to sell its components aftermarket business for $725 mlnReutersDec 21, 2023
- reuters.comAerospace supplier Triumph to sell its components aftermarket business for $725 mlnDec 21, 2023
Summarized from public sources; check the original articles before acting on it.
ENDATA