Tags: BE | Aerospace | Advisers | Sale

B/E Aerospace Hires Advisers for Possible Sale

Sunday, 04 May 2014 11:31 AM EDT

B/E Aerospace Inc., the maker of airplanes’ interior products, said Sunday it hired a financial and legal adviser to study strategic options, including a sale.

The Wellington, Florida-based company said in a statement it hired Citigroup Inc. and Shearman & Sterling LLP to study alternatives including “a possible sale or merger of the company; the sale, spin-off or other separation of selected businesses.”

The company, which has a market value of $9.3 billion and canceled its investor meeting Monday, said that “no decision has been made” and the board’s exploration of alternatives may end with no deal.

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B/E Aerospace Inc., a maker of airplanes' interior products, said Sunday it hired a financial and legal adviser to study strategic options, including a sale.
BE, Aerospace, Advisers, Sale
97
2014-31-04
Sunday, 04 May 2014 11:31 AM
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