South Shore school lunch program setting the standard | SaltWire #school #lunch #education - Private equity firm Carlyle Group is weighing strategic options, including a sale, for StandardAero that could value the U.S. aircraft maintenance services provider at about $10 billion, including debt, people familiar with the matter said.
There is no certainty the deliberations will lead to any deal, the sources said, requesting anonymity because the matter is confidential. Founded in 1911, StandardAero provides maintenance, repair and overhaul services to commercial and military aviation, as well as energy, clients. The Scottsdale, Arizona-based company partners with major aircraft engine makers, including Rolls-Royce and GE Aerospace -backed CFM International.
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