Goldman Sachs and Citigroup Global Markets Represent B/E Aerospace in Acquisition

October 24, 2016

Cleary Gottlieb is representing Goldman, Sachs & Co. and Citigroup Global Markets Inc., as financial advisors to B/E Aerospace, Inc., in its sale to Rockwell Collins, Inc. 

The merger for cash and stock valued at $62 per share, was announced on October 23, 2016. It has an enterprise value of $8.3 billion and is expected to close in the spring of 2017 subject to the approval of B/E Aerospace and Rockwell Collins stockholders, regulatory approvals and other customary closing conditions. 

B/E Aerospace is the world’s leading manufacturer of aircraft cabin interior products. Rockwell Collins, Inc. is a pioneer in the development and deployment of innovative aviation and high-integrity solutions for both commercial and government applications.