B/E Aerospace has signed an agreement to acquire UFC Aerospace Corp. for $400 million in cash.
B/E Aerospace has signed an agreement to acquire UFC Aerospace Corp. for $400 million in cash. As a result, B/E Aerospace announced it is increasing its 2012 earnings per share guidance by approximately $0.10 per diluted share to approximately $2.75 per diluted share. B/E Aerospace chairman and CEO Amin Khoury said the acquisition purchase price of $400 million represents “a multiple of approximately 9.5 times adjusted 2011 EBITDA (earnings before interest, taxes, depreciation ...
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