TagsKLX

Boeing acquires aerospace parts supplier KLX

Boeing announced on May 1, 2018, entering a definitive agreement to acquire KLX as a means to enhance its growing services business. The agreement comprises an all-cash transaction for $63 per share and the assumption of approximately $1.0 billion of net debt, totaling at ¬†$4.25 billion. Boeing’s acquisition of KLX ¬†will include KLX’s Aerospace Solutions […]