Private equity firm Carlyle Group Inc is in advanced talks to buy U.S. defense contractor ManTech International Corp in a deal valuing it at about $4 billion, Bloomberg News reported on Sunday, citing people familiar...
IAG says Air Europa deal may take at least 18 months
Luis Gallego, the chief executive of British Airways parent IAG, said on Wednesday a deal over the protracted acquisition of Spanish low-cost airline Air Europa may take at least 18 months. “We have to decide on a...
JetBlue offers $3.6 bln for Spirit in U.S. low-cost carrier battle
JetBlue Airways said Tuesday it made an unsolicited $3.6 billion bid for Spirit Airlines, potentially snarling merger plans between the ultra-low-cost carrier and Frontier Group Holdings. JetBlue Chief Executive Officer...
Vista acquires Jet Edge services as private flying boom fuels M&A
Privately-held Vista Global Holding said on Thursday it would acquire the private aviation services platform of U.S. charter operator Jet Edge, in the latest consolidation of the booming market for flying privately. The...
Britain’s Menzies to be acquired by Kuwaiti firm for nearly $750 mln
Britain’s John Menzies agreed to be acquired by Kuwaiti firm Agility for nearly $750 million on Wednesday, in an effort to create an airport services giant as the aviation industry recovers from the COVID-19...
Airbus interested in taking over Atos’s cybersecurity business – report
European aero and defence conglomerate Airbus is interested in taking over the cybersecurity business of French software company Atos, France’s BFM TV said on Thursday, citing sources with knowledge of the matter...
Canada’s low-cost carrier WestJet to buy rival Sunwing Airlines
Canadian airline WestJet Group, owned by private equity firm Onex Corp, said on Wednesday it would buy leisure rival Sunwing Airlines for an undisclosed amount as it looks to tap into a rebound in air travel. WestJet...
EU antitrust regulators to decide on Parker, Meggitt deal by March 28
EU antitrust regulators will decide by March 28 whether to clear U.S. engineering and aerospace company Parker-Hannifin’s 6.3-billion-pound ($8.57 billion) bid for British rival Meggitt, according to a European...
Britain’s Menzies welcomes sweetened $762 million proposal from Kuwait’s NAS
John Menzies said Kuwait’s National Aviation Services (NAS) has sweetened its takeover proposal for the British airport services company to about 559 million pounds ($761.75 million). After rejecting three...
Defence company Leonardo has made no decision on DRS business sale
Defence and aerospace group Leonardo said on Wednesday it had not taken a formal decision about a sale of a business line at its DRS division. Bloomberg reported on Wednesday that Leonardo was considering options for...
UK to probe U.S. private equity purchase of defence firm Ultra
Britain said it will investigate possible national security risks from the planned 2.6 billion-pound ($3.6 billion) acquisition of defence firm Ultra Electronics by rival Cobham, which is owned by U.S. private equity...
Defence firm Cobham to buy UK rival Ultra in $3.6 billion deal
Defence firm Cobham said on Monday it had agreed to buy Ultra Electronics in a deal valuing its UK-listed rival at 2.57 billion pounds ($3.56 billion), setting out commitments aimed at allaying any potential concerns...
