BRIEF-Aar Announces Divestiture Of Non-Core Landing Gear Overhaul Business To Optimize Portfolio

Reuters12-20

Dec 20 (Reuters) - AAR Corp AIR.N:

AAR ANNOUNCES DIVESTITURE OF NON-CORE LANDING GEAR OVERHAUL BUSINESS TO OPTIMIZE PORTFOLIO
TRANSACTION VALUED AT $51 MILLION, EXPECTED TO CLOSE Q1 2025
DIVESTITURE IMMEDIATELY ACCRETIVE TO MARGINS AND EARNINGS

Source text: ID:nPnbmrpGka

Further company coverage: AIR.N

((Reuters.Briefs@thomsonreuters.com;))

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