Rockwell Collins to acquire B/E Aerospace for US$8.3b
Rockwell Collins and B/E Aerospace will consolidate headquarters and move quickly to realise synergies, Rockwell Collins said Monday after announcing plans to acquire aircraft cabin supplier B/E Aerospace for US$8.3b in a deal that is expected to complete in spring 2017. Rockwell Collins said it had entered a definitive agreement to acquire B/E Aerospace for approximately $6.4b in cash and stock, plus it will take on $1.9b in net debt. The agreement is subject to shareholder and regulatory approvals. B/E Aerospace is a significant player in the global aircraft cabin interiors’ market, employing around 10,000 staff. “This combination delivers significant long-term benefits neither company could realise on its own,” B/E Aerospace founder and chairman Amin Khoury said. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-10-25/general/rockwell-collins-to-acquire-b-e-aerospace-for-us-8.3b
https://portal.staralliance.com/cms/logo.png
Rockwell Collins to acquire B/E Aerospace for US$8.3b
Rockwell Collins and B/E Aerospace will consolidate headquarters and move quickly to realise synergies, Rockwell Collins said Monday after announcing plans to acquire aircraft cabin supplier B/E Aerospace for US$8.3b in a deal that is expected to complete in spring 2017. Rockwell Collins said it had entered a definitive agreement to acquire B/E Aerospace for approximately $6.4b in cash and stock, plus it will take on $1.9b in net debt. The agreement is subject to shareholder and regulatory approvals. B/E Aerospace is a significant player in the global aircraft cabin interiors’ market, employing around 10,000 staff. “This combination delivers significant long-term benefits neither company could realise on its own,” B/E Aerospace founder and chairman Amin Khoury said. <br/>
