| Carlyle Group, the US private-equity firm in which Abu Dhabi’s Mubadala Development Company owns a 7.5 percent stake, has agreed to sell aerospace communications firm Arinc for $1.39bn to Rockwell Collins, a supplier of avionics and other electronic systems for commercial and military aircraft.
The transaction will combine Arinc's networks and services with Rockwell's avionics and cabin technologies to benefit from the growing field of aviation information management, Rockwell said in a statement...............................................Full Article: Source
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