Anixter International Inc. Announces Sale of Aerospace Division to Greenbriar Equity | PRNewswire/ #fasteners

Article by · 2011/08/16 ·

GLENVIEW, Ill., Aug. 16, 2011 /PRNewswire/ — Anixter International Inc. (NYSE: AXE), a leading global distributor of communication and security products, electrical and electronic wire & cable, fasteners and other small parts, today announced that it has entered into a definitive agreement to sell its Aerospace Hardware Division to entities controlled by Greenbriar Equity Group LLC. Under the terms of the agreement Anixter will receive $155 million in cash, subject to a net working capital adjustment […]

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