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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 ...
KIRO Seattle on MSN16d
Boeing offloads significant digital aviation assets in $10.6B dealPart 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 ...
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FLYING Magazine on MSNBoeing: No Impacts Expected From ForeFlight, Jeppesen SalePer 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.
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