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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.
Boeing Co.’s Jeppesen unit, a flight navigation and aircraft diagnostics business, has all of these highly sought-after qualities. It’s no wonder that Boeing was able to reach an agreement 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 (BA) is selling its Jeppesen navigation unit and other non-core segments of its Digital Aviation Solutions business to Thoma Bravo (TBA) for $10.55 billion as CEO Kelly Ortberg doubles down ...
The business, which Boeing acquired in 2000 for $1.5 billion in cash, is one of the noncore assets that the plane-maker is seeking to shed to lighten its $58 billion debt load.
Boeing is to bolster its balance sheet with the $10.5 billion all-cash sale of parts of its digital aviation solutions business - including the Jeppesen and ForeFlight brands - to software investment ...
Part of the sale includes Boeing’s navigation unit, Jeppesen. Jeppesen offers navigational information, operations planning tools, flight planning products, and additional software. Final bids valued ...
It also acts as a reference point for analysts and investors. However, not all stocks within this elite group of companies ...
Per the release from Boeing, the cash transaction valued at $10.55 billion includes assets ForeFlight, Jeppesen, AerData, and ...
NEW YORK (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.