M&A - AAR CORP
Form Type: 8-K
Filing Date: 2025-04-03
Corporate Action: Acquisition
Type: New
Accession Number: 000110465925031696
Filing Summary: On April 3, 2025, AAR CORP. announced the completion of the sale of its Landing Gear Overhaul business to GA Telesis for $51 million, with net proceeds of approximately $48 million after accounting for selling costs and an estimated working capital adjustment. The press release detailing this transaction is attached as Exhibit 99.1 to the Current Report and is incorporated by reference. This sale marks a significant corporate action for AAR CORP., with implications for its operational focus and financial standing.
Document Link: View Document
Additional details:
Item Number: 7.01
Sale Business: Landing Gear Overhaul
Buyer: GA Telesis
Sale Price: $51 million
Net Proceeds: $48 million
Comments
No comments yet. Be the first to comment!