TEXTRON TO USE PORTION OF AVCO PROCEEDS FOR ACQUISITIONS
Textron, Inc., the Providence, R.I.-based conglomerate that is the parent company of Cessna Aircraft and Bell Helicopter, completed the sale of its Avco Financial Services unit to Associates First Capital Corp. for $3.9 billion in cash, and said it expects net after-tax proceeds to be about $2.9...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.