April 12, 2018 / 4:47 AM / 3 months ago

General Dynamics' unit buys HNA's Hawker Pacific for $250 mln

April 12 (Reuters) - General Dynamics Corp’s unit Jet Aviation said on Thursday that it is buying aviation solutions provider Hawker Pacific, majority owned by Chinese conglomerate HNA Group, for $250 million.

“The acquisition of Hawker Pacific represents a significant step in expanding our footprint, capability and customer offer across Asia Pacific and the Middle East,” Jet Aviation President Rob Smith said in a statement. (Reporting by Aaron Saldanha in Bengaluru Editing by Muralikumar Anantharaman)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below