Browse
related articles
DAE sells Landmark unit
- United Arab Emirates: Saturday, December 22 - 2007 at 13:42
Dubai Aerospace Enterprise (DAE) is to sell Landmark Aviation's airport services arm for $436m to US based private equity firms GTCR Golder Rauner and Encore FBO, reported Emirates Business 24/7. DAE acquired Landmark Aviation alongside Standard Aero from The Carlyle Group for $1.9bn in early August. DAE is retaining the maintenance, repair and overhaul part of Landmark's business and the transaction is likely to be completed in Q1 2008.
Today's top stories
Week's top stories
Digg
Facebook
LinkedIn
Twitter
Browse
related articles
- » Moody's: UAE banks with largest exposures to Dubai World remain on review
- » Abu Dhabi to 'pick and choose' Dubai support
- » Samsung halts Dubai bridge work amidst Dubai debt crisis
- » Dubai World announcement serves as wake-up call to world markets
- » Fitch downgrades Dubai Bank, Tamweel and TAIB Bank on Dubai World restructuring proposal
Jonathan Sheikh-Miller, Deputy EditorSaturday, December 22 - 2007 at 13:42 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
It looks like you are using a Mac - check out our 
Web Feeds