BBA Aviation to sell Ontic for $1.365 billion
Clients BBA Aviation plc
Jones Day is advising BBA Aviation plc ("BBA") in the sale of its Ontic business to an investment fund affiliated with CVC Capital Partners for $1.365 billion. Ontic is a leading provider of high-quality, OEM-licensed parts for legacy aerospace platform. The transaction is subject to customary conditions, including receipt of required regulatory approvals and approval from BBA’s shareholders.