The Traderszone Network

Published in TZ Latest News 28 August, 2015 by The TZ Newswire Staff

Exclusive: Carlyle looks to sell Landmark Aviation for $1.7 billion

Carlyle initially looked at cashing out of Landmark via a stock market listing, but in the past few months has broadened out that process to include a possible outright sale. Two of the sources said that Landmark Aviation’s earnings before interest, taxes, depreciation and amortization (EBITDA) were around $170 million over a trailing 12-month period. Carlyle declined to comment.