KBR buys national security and space contractor Centauri from Arlington, as it diversifies away from energy. L Catterton-backed activewear retailer Sweatty Betty is reportedly seeking buyers. EQT acquires data center operator. PE news from Flexis, Core Industrial and Newlight
Woodward and Hexcel terminate merger, as the coronavirus causes air travel to drop. ACI benefits from Speedpay acquisition with consumers handling more payments from home. Raymond James acquires Canadian trust services provider.
April 28, 2020
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Virgin Atlantic founder Richard Branson nears agreement to abandon a two-year-old plan to sell part of the airline to Air France-KLM Group, sources say.
The travel agent’s creditors are set to vote on Sept. 27 on a proposed scheme of arrangement, a U.K. court procedure that will allow Chinese investor Fosun Tourism Group to lead a planned rescue of the company.
The maker of in-flight refueling systems and communications gear for Airbus SE and Boeing Co. plans to leverage Advent’s U.S. ties to pick up contracts across the Atlantic.