B/E Aerospace mulls sale, break-up


B/E Aerospace (BEAV) is considering selling itself, splitting itself up or divesting parts of its businesses.

The company has postponed an investor meeting that was due to take place today.

B/E Aerospace is one of the world's biggest makers of aircraft interiors and has a market cap of $9.4B. The firm has benefited from record production at Boeing and Airbus, and in 2013, profit jumped 56% to $365.6M as revenue climbed 13% to $3.48B. (PR)

Comments (2)
  • goldbaum
    , contributor
    Comments (380) | Send Message
     
    Given the company's backlog in all of its divisions and its recent adquisition,the stock should command a lot more than $100 per share in a takeover.
    5 May 2014, 10:04 AM Reply Like
  • radarman123
    , contributor
    Comments (37) | Send Message
     
    Would hope so. Great local Florida company. When you have a 70% market share in the high end (Business and First) seat business, that is commanding.
    6 May 2014, 03:32 PM Reply Like
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