STAR Capital Partners, an independent investment fund manager based in London, said yesterday it has reached agreements to acquire a majority stake in General Electric Commercial Aviation Training and to purchase the entire share capital of SAS Flight Academy and plans to combine the businesses in a deal valued at more than $275 million. SAS said the sale of SAS Flight Academy has a "transaction value and positive effect on net debt" of SEK750 million ($106.8 million) while the capital gain ...

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