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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.
Thoma Bravo is in advanced talks to buy Boeing Co.’s Jeppesen navigation unit, according to people familiar with the matter.
Jeppesen Sanderson, which provides aviation and flight planning services, is one of several businesses under Boeing’s (NYSE: BA) umbrella to be sold to private equity giant Thoma Bravo in a deal ...
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 ...
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.
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.
The planned sale of Jeppesen is part of CEO Kelly Ortberg's strategy to streamline Boeing's operations and reduce its debt ...
Under the ownership of Thoma Bravo, Boeing will continue to capture data needed for maintenance, repair and diagnostics services. Jeppesen, which provides interactive flight plans, is profitable ...
(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.
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. The planemaker ...