Previous close | 1.4700 |
Open | 1.8000 |
Bid | 0.9000 |
Ask | 1.0000 |
Strike | 37.50 |
Expiry date | 2024-09-20 |
Day's range | 0.9500 - 1.8000 |
Contract range | N/A |
Volume | |
Open interest | 861 |
(Bloomberg) -- Aircraft maintenance services provider StandardAero Inc., which was bought by Carlyle Group Inc. in 2019, filed for an initial public offering as it also pursues a potential sale.Most Read from BloombergWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May Start Charging Entry to the Trevi FountainMadrid to Ban E-Scooter Rentals, Following L
The aftermarket services industry is heating up with several aircraft equipment manufacturers also expanding into the space in recent years, as the business can fetch strong margins with lighter capital investment. While some large commercial airlines maintain in-house aftermarket services divisions, smaller players outsource such operations to third parties.
Carlyle Group affiliate, CA Magnum Holdings, plans to sell shares worth 99.5 billion rupees ($1.2 billion) in the upcoming IPO of Hexaware Technologies, according to draft papers filed on Friday. The U.S.-based private equity giant acquired a controlling stake in the Indian company in 2021, a year after Hexaware was taken private by its former controlling shareholder, Baring Private Equity Asia (BPEA). BPEA had initially purchased its stake in Hexaware in 2013 for about $420 million.