Airbus mulls sale of Premium Aerotec, held talks with Onex: Reuters
France's Airbus SE is in talks to sell a part or all of Premium Aerotec, a subsidiary that makes large plane components, Reuters reported, citing a story by Die Welt newspaper. Airbus has held talks with one possible buyer, the Canadian private equity investor Onex Corp, the German paper said. Premium Aerotec generates about 2 billion euros (US$2.39 billion) in revenue, according to its website. It specializes in large and complex aircraft components for Airbus, Boeing’s B787 Dreamliner, the Eurofighter Typhoon and military transporter A400M. In 2005, Boeing sold a similar business, later called Spirit Aerosystems, to Onex for about US$950 million.
25 September 2017•1 min read
