Boeing to sell Jeppesen unit to Thoma Bravo for $10.55 billion

Quick Summary:

Boeing said on Tuesday it would sell portions of its Digital Aviation Solutions business, including navigation unit Jeppesen, to private equity firm Thoma Bravo for $10.55 billion.The U.S.

About 3,900 employees work in Boeing's Digital Aviation Solutions.

The sale is a part of CEO Kelly Ortberg's plan to reduce Boeing's debt pile by offloading non-core assets.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Boeing Digital Bravo Billion Unit Equity Thoma Private Jeppesen Firms Sell

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-22 @ 09:49:36 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 351 words

Reading Time: 2 minutes read

Sentences: 22 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 28150856

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Official Website: channelnewsasia.com

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