Umeco in Talks to Sell Supply Chain Unit

British aerospace parts supplier Umeco Plc is in discussions to sell its supply chain unit, Pattonair, Reuters reported. Lloyds Development Capital, the private equity arm of Lloyds Banking Group, is in talks to acquire the business, Reuters said, citing a report in The Mail. A potential deal is estimated at 200 million pounds ($322.2 million), Reuters wrote.

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