Boeing’s Jeppesen nav unit war heats up

Boeing’s Jeppesen nav unit war heats up

Several private equity firms, along with at least one aerospace supplier, remain in the running to acquire Boeing’s Jeppesen navigation unit in a deal expected to exceed $8bn, according to a report by Reuters citing sources familiar with the matter. Boeing is preparing to invite formal bids in the coming weeks. The auction process has drawn significant interest, with private equity firms forming consortiums to enhance their competitive positioni…

A real rain of money is waiting for Boeing – and the US aircraft manufacturer urgently needs it. Interest in Jeppesen is growing, and thus the expected sales price of the Boeing navigation unit.