
AAR Acquires Majority Stake in MRO Holdings
AAR Corp. has agreed to acquire a 65% stake in MRO Holdings, a provider of aircraft maintenance services, in a multibillion-dollar deal. The acquisition values MRO Holdings at $4 billion and is expected to create the world's largest heavy maintenance MRO. The deal is set to close with AAR financing it through new debt, shares, and cash.



















