23rd Sep 2015 05:36
LONDON (Alliance News) - Aircraft services company BBA Aviation PLC is holding talks to buy US rival Landmark Aviation in a deal valued at more than USD2 billion, Reuters reported, citing people familiar with the matter.
BBA is among the bidders participating in the sale process for Landmark being run by private equity owner Carlyle Group.
Several other suitors are understood to be involved in the auction, the sources said, including other buyout firms.
http://uk.reuters.com/article/2015/09/23/uk-landmark-aviation-m-a-bba-aviation-ex-idUKKCN0RM2DZ20150923
By Sam Unsted; [email protected]; @SamUAtAlliance
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