LONDON—A consortium of private equity firms will acquire the majority of French maintenance, repair and overhaul (MRO) provider Sabena Technics from TAT Group for an undisclosed sum. Sabena Technics announced Dec. 17 that TAT Group had entered into exclusive negotiations with Sagard, Bpifrance and TowerBrook to sell its majority interest in the MRO specialist. The acquisition is expected to be finalized in the second quarter of 2019, subject to regulatory approvals. TAT Group ...

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