U.S. private equity firm to buy Héroux-Devtek in deal valued at $1.35B

U.S. private equity firm to buy Héroux-Devtek in deal valued at .35B

Aircraft landing gear maker Héroux-Devtek Inc. says it has signed a deal to be acquired by U.S. private equity firm Platinum Equity Advisors LLC in a deal valued at $1.35 billion. Under the agreement, Platinum Equity will pay $32.50 in cash per share for the company.  Based in Longueuil, Que., Héroux-Devtek is one of the … Read more