Financial Times FT.com

Wyle enters final stage of $600m sale process

By Julie MacIntosh in New York and Sylvia Pfeifer in London

Published: September 7 2008 22:34 | Last updated: September 7 2008 22:34

Wyle Laboratories, a provider of engineering and technical services to the US government, is in the final stages of a sale process worth about $600m that could be completed by the end of this month.

California-based Wyle, which is owned by US private equity firm Littlejohn, has been scouted by a range of buyers since its advisers at Moelis & Co launched an auction for the company several months ago, according to people close to the process.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this