14.09.2017 15:27:28
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Cyient To Sell 49% Stake In Infotech Aerospace Services To Pratt & Whitney
(RTTNews) - Cyient Limited said that it has signed a definitive agreement to divest its 49% equity ownership in IASI. Established in 2003, Isabela, Puerto Rico, IASI is a 51:49 Joint Venture between Pratt & Whitney and Cyient. IASI provides aerospace defence design, development & related services, primarily to United Technologies and its business units.
The transaction would be EPS neutral. The closing of the transaction is subject to regulatory approvals and customary closing conditions.
![](https://images.finanzen.at/images/unsortiert/wertpapierdepot-absichern-aktienchart-boerse-750493204-260.jpg)
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