Carlyle Plans Sale of Aerospace, Defense Company ARINC -Reuters
February 25 2013 - 6:48PM
Dow Jones News
Aerospace and defense company ARINC Inc. has been put up for
sale by the Carlyle Group L.P., which has hired J.P. Morgan Chase
& Co. (JPM) and Evercore Partners Inc. (EVR) to handle the
process, Reuters reported Monday on its website, citing people
familiar with the matter.
A sale could fetch up to $1.5 billion, the people said. Carlyle
acquired the company in 2007 for an undisclosed sum.
Carlyle declined immediate comment to Reuters and J.P. Morgan
and Evercore declined comment.
Full story at:
www.reuters.com/article/2013/02/25/us-arinc-carlyle-idUSBRE91O1AC20130225
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