VSE (VSEC) has completed the acquisition of AE Industrial Partners' unit Kellstrom Aerospace for $200 million, the companies said Tuesday.
VSE said it acquired the unit for $185 million in cash and over 172,000 company shares, adding that it funded the cash portion of the acquisition with proceeds from a stock offering and borrowings under its existing credit facility.
Kellstrom Aerospace is a commercial aerospace engine aftermarket distributor and service provider, the company said.
Price: 117.10, Change: +0.29, Percent Change: +0.25
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。