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Arcline joins race for aerospace business Senior

privateequitywire

3 months ago

97 views

US private equity firm Arcline Investment Management has made a preliminary all-cash offer for UK aerospace components manufacturer Senior, according to a report by Reuters.
Senior, which supplies parts to aircraft manufacturers including Boeing and Airbus, said in February it had received five takeover proposals. Two bidders have previously been identified as Advent International and a consortium comprising Tinicum and Blackstone.
The company and the bidders have not disclosed the value of the...

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