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Rockwell Collins to Acquire ARINC for $1.39B

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Rockwell Collins, Inc. (NYSE: COL) today announced it has reached a
definitive agreement to acquire ARINC Incorporated, a portfolio company
of The Carlyle Group (NASDAQ: CG), and a leader in communications and information
processing solutions for the commercial aviation industry, for $1.39
billion.

The transaction will bring together two leading players in the growing
field of aviation information management, combining ARINC's trusted
networks and services with the industry leading avionics and cabin
technologies developed by Rockwell Collins.

See full press release

Posted-In: News Guidance Contracts Management M&A Global

 

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