AAR announces divestiture of non-core Landing Gear Overhaul business to optimize portfolio
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AAR Corp. has announced the divestiture of its non-core Landing Gear Overhaul business as part of its strategy to optimize its portfolio.
December 20, 2024 | 1:15 pm
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AAR Corp. is divesting its non-core Landing Gear Overhaul business to focus on core operations and optimize its portfolio.
The divestiture of a non-core business unit suggests AAR Corp. is focusing on its core operations, which could lead to improved efficiency and profitability. This strategic move is likely to be viewed positively by investors, potentially boosting the stock price in the short term.
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