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AAR to buy majority stake in MRO Holdings for $1.8 billion
The deal would give AAR a majority stake in the Bain-backed aircraft-maintenance company.
AAR agreed to pay $1.8 billion to acquire a majority stake in MRO Holdings, an aircraft-maintenance company.
WSJ Markets said the aviation-services supplier will buy into the Bain-backed business, according to the terms of the agreement.
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