trending Market Intelligence /marketintelligence/en/news-insights/trending/4kMFvMXF3MitniEGo000Og2 content esgSubNav
In This List

Stockholders approve Wesco Aircraft's merger with affiliate of Platinum Equity

Blog

Banking Essentials Newsletter: 17th April Edition

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


Stockholders approve Wesco Aircraft's merger with affiliate of Platinum Equity

Wesco Aircraft Holdings Inc. said its stockholders approved its proposed merger with an affiliate of private equity firm Platinum Equity LLC during a special meeting held Oct. 24.

Under the deal, Wesco Aircraft stockholders are set to receive $11.05 in cash for each share of stock they own.

The merger is expected to be completed by the end of 2019, subject to necessary approvals. Following completion, the Wesco Aircraft will be combined Platinum portfolio company Pattonair Ltd., which provides supply chain management services to the aerospace and defense industries in the U.K.