SAN FRANCISCO (MarketWatch) -- Venture firm Carlyle Group is in discussions to sell two of its aviation businesses to Dubai Aerospace Enterprise for more than $1.5 billion, the Wall Street Journal reported late Monday, citing people familiar with the matter. The sale involves Landmark Aviation and Standard Aero Holdings, Inc. Landmark operates airports and does aircraft maintenance work. Standard Aero overhauls engines in small-jets and military transportation crafts. People involved in the sale are trying to structure the deal so as not to alarm U.S. politicans, who derailed Dubai Ports Worldwide from buying a set of U.S.-based shipping facilities last summer
http://rawstory.com/showarticle.php?src=http%3A%2F%2Fwww.marketwatch.com%2Fnews%2Fstory%2Fdubai-firm-may-buy-carlyle%2Fstory.aspx%3Fguid%3D%257B502B9D3F%252D4E28%252D4FDD%252D9B8B%252D61EB3492F927%257D
1 comment:
The Saudi's are smart. The White House and GOP laughed at the men in dresses and thought they were dumb. But the Saudi's studied GW, Cheney and others for years even giving GW money everytime he failed. Now comes the long waited pay off. The Middle East will own US big business. The Middle East now has the last laugh. While the US in full of scandal the Middle East is quickly taking control of US business.
Post a Comment