Boeing has reached a definitive agreement to sell parts of its Digital Aviation Solutions business to software investment firm Thoma Bravo in a transaction valued at $10.55bn. The sale encompasses assets including Jeppesen,

Boeing has agreed to sell parts of its digital aviation unit to private equity group Thoma Bravo for $10.55bn as the US group seeks to bolster its financial position.

The all-cash transaction with Thoma Bravo includes ForeFlight and Jeppeson, and is expected to close later this year.