US-based Air Transport Services Group, owner of ABX Air, ATI – Air Transport International, and Omni Air International, has been acquired by American investment firm Stonepeak in an all-cash transaction valued at approximately USD3.1 billion.
In a filing with the US Securities and Exchange Commission, ATSG disclosed that it will merge with Stonepeak Nile Parent LLC and its subsidiary Stonepeak Nile MergerCo Inc. In the deal, MergerCo will merge into ATSG, which will continue to operate under its existing brand as a wholly-owned subsidiary of…
Source: ch aviation
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