Articles tagged “trans maldivian airways”

Bain Looking to Buy $500 Million Seaplane Operator in the Maldives

Bain Looking to Buy $500 Million Seaplane Operator in the Maldives

Vinicy Chan, Jonathan Browning, and Cathy Chan, Bloomberg

Mock the tiny seaplanes of Trans Maldivian Airways all you want. Its fleet may be worth $500 million if buyout firm Bain partners with Chinese conglomerate Tempus to acquire it from Blackstone as rumored.

3 years ago

Blackstone Looking to Sell Seaplane Operator in the Maldives

Blackstone Looking to Sell Seaplane Operator in the Maldives

Vinicy Chan, Siddharth Philip and Jonathan Browning, Bloomberg

It isn't exactly equivalent to Blackstone cashing out of its Hilton Worldwide holdings, but the private equity group selling its stake in Trans Maldivian Airways would be a big deal for the Maldives nonetheless.

3 years ago