Portside Acquires Licensing Rights For Avianis From Wheels Up; Financial Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Portside has acquired the licensing rights for Avianis from Wheels Up. The financial terms of the deal were not disclosed.
July 06, 2023 | 12:33 pm
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NEUTRAL IMPACT
Wheels Up has sold the licensing rights for Avianis to Portside. The financial details of the transaction were not revealed.
The sale of Avianis licensing rights by Wheels Up to Portside could potentially impact the company's financials. However, without the financial details of the deal, it's difficult to predict the exact impact on Wheels Up's stock price. Therefore, the score is neutral.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 100