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TZUTC: 0200                  
Boeing has sold several digital subsidiaries, including its navigation
division, Jeppesen. Thoma Bravo, an investor in software companies, is paying
the American aircraft manufacturer over $10.5 billion for the sale.
 
Rumours already surfaced at the end of last year that Boeing wanted to divest
itself of several subsidiaries to focus on its core business and reduce its
debt burden.
 
Jeppesen, as well as ForeFlight, AeroData, and OzRunways, have now been sold.
Several digital subsidiaries will remain in Boeing's hands. These are
divisions focused on providing data to customers to keep their aircraft flying.

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