BRIEF-Wheels Up Announces Divestiture Of Non-Core Services Businesses

Reuters
Aug 21
BRIEF-Wheels Up Announces Divestiture Of Non-Core Services Businesses

Aug 20 (Reuters) - Wheels Up Experience Inc UP.N:

  • WHEELS UP ANNOUNCES DIVESTITURE OF NON-CORE SERVICES BUSINESSES

  • WHEELS UP EXPERIENCE INC - SELLS NON-CORE BUSINESSES FOR $20 MILLION

  • WHEELS UP EXPERIENCE INC - EXPECTS $50 MILLION COST EFFICIENCIES

  • WHEELS UP EXPERIENCE INC - NET PROCEEDS FROM THE SALE TO REINVEST IN FLEET MODERNIZATION

Source text: ID:nPn49byGGa

Further company coverage: UP.N

((Reuters.Briefs@thomsonreuters.com;))

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