M&A - AAR CORP

Back to List of Mergers and Acquisitions

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!