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Carlyle Group cancels plans to sell ARINC

24-Sep-2010

Private-equity firm, The Carlyle Group, announced in early Sep-2010 that it has suspended plans to sell ARINC. Goldman Sachs had been retained to advise on the sale, but the company has been pulled off the market after six months without finding a buyer. [2053 words]

Unlock the following content in this report:

Subheadings:

  • A 'distressed' asset
  • 2011 IPO under consideration
  • ARINC awarded number of new agreements
  • Develops new technologies
  • Pushing its international expansion
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