Stock

Boeing exploring possible $6 billion sale of Jeppesen unit, Bloomberg News reports

Published

(Reuters) – Boeing (NYSE:BA) is exploring a possible $6 billion sale of its Jeppesen navigation unit, Bloomberg News reported on Friday.

The planemaker is working with an adviser on the potential sale of the unit, which provides interactive flight plans, the report said.

Suitors are already circling Jeppesen, which could attract sizable interest from private equity firms as well as other companies and could fetch more than $6 billion, the report said.

Boeing did not immediately respond to a Reuters request for comment. Its shares were up 0.3% in afternoon trading.

This post appeared first on investing.com

In this article:

You May Also Like

Editor's Pick

Could Trump undermine the vote again? Harris’s legal team says it’s not worried.

Former president Donald Trump and his allies have filed hundreds of lawsuits, with more to come, seeking to tighten voting rules or disqualify voters....

October 21, 2024

Economy

BoE’s Greene sticks to view that rate cuts should be gradual

LONDON (Reuters) – Bank of England interest rate-setter Megan Greene said she still believed the central bank should take a cautious approach to cutting...

October 21, 2024

Economy

Dockworkers on East and Gulf Coast to return to work after reaching agreement on wages

Thousands of dockworkers on the East Coast and Gulf Coast will return to work after reaching a tentative agreement on wages, ending one of...

October 4, 2024

Latest News

Tunisia heads to the polls with a fading reputation as the Arab Spring’s only success story

Tunisians voted Sunday in an election expected to grant President Kais Saied a second term, as his most prominent detractors, including one of the candidates challenging...

October 6, 2024

Disclaimer: beneficialinvestmentnow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 beneficialinvestmentnow.com

Exit mobile version