Deals
Carlyle-Led Investors Weigh Sale of World’s Largest Seaplane Firm TMA
- Trans Maldivian Airways could fetch up to $700 million in sale
- Other investors in TMA include King Street, Davidson Kempner
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A group of investors led by Carlyle Group Inc. is considering a sale of Trans Maldivian Airways that could value the world’s largest seaplane operator at as much as $700 million, according to people familiar with the matter.
Carlyle and co-investors King Street Capital Management and Davidson Kempner Capital Management have held initial talks with potential advisers for the divestment of TMA, the people said, asking not to be identified because the matter is private. A transaction may value the Maldives-based seaplane operator at $500 million to $700 million, the people said.