AAR to pay $1.8 billion for 65% stake in MRO Holdings
The deal is reported by the Wall Street Journal. Reuters source text identifies AIR.N as further company coverage.
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The deal is reported by the Wall Street Journal. Reuters source text identifies AIR.N as further company coverage.
By Mark MaurerAviation-services supplier AAR agreed to buy a majority stake in privately held aircraft-maintenance company MRO Holdings for $1.8 billion, according to people familiar with the matter.The detailsAAR agreed to take a 65% interest in MRO Holdings, which is backed by investors including…