April 27, 2018 / 5:31 PM / 24 days ago

Boeing nears deal to buy aerospace parts company KLX - WSJ

April 27 (Reuters) - Boeing Co is nearing a deal to buy aerospace parts company KLX Inc to expand into the aircraft-services business, the Wall Street Journal reported on Friday, citing people familiar with the matter.

The companies are expected to announce a deal on Monday, though the plans could be derailed, WSJ said. t.co/NyQTIDPhSU

WSJ could not determine the terms and structure of the deal.

Both KLX and Boeing were not immediately available for a comment. (Reporting By Aparajita Saxena in Bengaluru)

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