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Share Name | Share Symbol | Market | Type |
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Galiot Capital Corp | NYSE:GTC | NYSE | Ordinary Share |
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Private equity companies GTCR Golder Rauner LLC and Platform Partners are looking for a buyer for aircraft maintenance services Landmark Aviation, which has been valued at as much as $700 million, the Reuters news agency said Wednesday on its website, citing unnamed people familiar with the matter.
The companies have hired Morgan Stanley to advise on the auction process, which is in the second round and has received interest from private equity firms and infrastructure funds, some of the people said in the report, adding that Landmark could be worth some $600-$700 million to the highest bidder.
GTCR declined to comment while Platform Partners didn't respond to requests for comment, the report said. Morgan Stanley didn't have an immediate comment, the report said.
Full Story: http://www.reuters.com/article/2012/08/08/landmark-gtcr-sale-idUSL2E8J7JCV20120808
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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