Brief: Aar Announces Divestiture Of Non-Core Landing Gear Overhaul Business To Optimize Portfolio
Dec 20 (Reuters) - AAR Corp AIR.N :
* AAR ANNOUNCES DIVESTITURE OF NON-CORE LANDING GEAR
OVERHAUL
BUSINESS TO OPTIMIZE PORTFOLIO
* TRANSACTION VALUED AT $51 MILLION, EXPECTED TO CLOSE Q1
2025
* DIVESTITURE IMMEDIATELY ACCRETIVE TO MARGINS AND EARNINGS
Source text: ID:nPnbmrpGka
Further company coverage: AIR.N
((Reuters.Briefs@thomsonreuters.com;))
Recent news on AAR
See all newsBrief: Aar Increases Size And Extends Maturity Of Revolving Credit Facility
US RESEARCH ROUNDUP-Alnylam Pharmaceuticals, Carvana, MongoDB
AAR CORP. reports results for the quarter ended August 31 - Earnings Summary
U.S. STOCKS ON THE MOVE-Vor Biopharma, Fair Isaac Corp, Plug Power
U.S. STOCKS ON THE MOVE-Snowflake, Cboe, Oracle