BBA Aviation Plc agreed to buy Carlyle Group LP’s Landmark Aviation for $2.07 billion to expand in flight services for business and general aviation.

BBA will sell 748 million pounds ($1.15 billion) of stock to current investors at 133 pence a share to help fund the purchase, the London-based company said in a statement Wednesday. That compares with Tuesday’s closing price of 284.7 pence. The deal will boost earnings per share by 2017, BBAsaid.

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