DUBAI, United Arab Emirates, May 27 (Bernama) -- Dubai Aerospace Enterprise (DAE) Ltd. announced the signing of a definitive agreement to sell 100% of StandardAero to an affiliate of Veritas Capital. Terms of the transaction were not disclosed.
DAE Managing Director Khalifa H. AlDaboos said: “StandardAero is one of the world’s largest independent MRO platforms with clients in over 70 countries. DAE acquired StandardAero in 2007 and since then has nurtured and built its market leading position. This transaction will allow StandardAero to accelerate its growth by leveraging Veritas’ global relationships and in-market presence.”
http://mrem.bernama.com/viewsm.php?idm=24542
No comments:
Post a Comment