Read this morning….knew it was being considered, didn’t know it was really happening…on Seeking Alpha, a stock news source:
“The Jeppesen auction has reached its second round of bids. In late January, RTX (RTX) and Honeywell International (HON) were among those reported to be evaluating the unit. Blackstone (BX), Advent, Carlyle Group (CG), Warburg Pincus, Veritas Capital, and Thoma Bravo were also said to be interested“
This will be the 3rd (?) of the company, maybe 4th? In the last 20 years? Shame because it’s one of the few segments of Boeing that’s making lots of money. The expected $7B sale isn’t even a blip on the overall losses.
“The Jeppesen auction has reached its second round of bids. In late January, RTX (RTX) and Honeywell International (HON) were among those reported to be evaluating the unit. Blackstone (BX), Advent, Carlyle Group (CG), Warburg Pincus, Veritas Capital, and Thoma Bravo were also said to be interested“
This will be the 3rd (?) of the company, maybe 4th? In the last 20 years? Shame because it’s one of the few segments of Boeing that’s making lots of money. The expected $7B sale isn’t even a blip on the overall losses.


