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Thoma Bravo is in advanced talks to buy Boeing Co.’s Jeppesen navigation unit, according to people familiar with the matter.
Boeing Co. agreed to sell its Jeppesen navigation unit and related assets to Thoma Bravo for $10.6 billion in cash, handing the planemaker funds it can use to lighten its debt load.
Chicago private-equity firm Thoma Bravo is spending $10.55 billion in cash to buy several digital aviation assets from Boeing, including Jeppesen, a well-known maker of maps and navigation charts.
Read about Thoma Bravo's move to buy portions of Boeing's digital aviation solutions business, including Jeppesen assets, for ...
Private equity giant Thoma Bravo is reportedly in advanced negotiations to acquire Boeings Jeppesen navigation division in a deal potentially valued between $8 billion and $9 billion, according to ...
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FLYING Magazine on MSNBoeing Spins Off Jeppesen, ForeFlight to Private Equity FirmBoeing announced on Tuesday that it has entered into a definitive agreement to sell portions of its Digital Aviation ...
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said it would sell four businesses from a digital unit to Thoma Bravo, a private equity firm specializing in software. Those include Jeppesen, which provides navigational charts and information to ...
Back in November, we first heard that aerospace stock Boeing (BA) might have an idea to sell off its Jeppesen operations to raise cash. Given ...
Thoma Bravo won the Jeppesen auction, edging out rival buyout firms such as TPG, Advent and Veritas, according to five sources, who requested anonymity as the matters are confidential. In February ...
The business, which Boeing acquired in 2000 for $1.5 billion in cash, is one of the noncore assets that the plane-maker is seeking to shed to lighten its $58 billion debt load.
NEW YORK (Reuters) -Boeing said on Tuesday it would sell portions of its Digital Aviation Solutions business, including navigation unit Jeppesen, to private equity firm Thoma Bravo for $10.55 billion.
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