Early June, B/E Aerospace announced its intention to split into two independent, publicly traded companies, for manufacturing and services.

Upon separation,

* B/E Aerospace (the manufacturing company) will focus on aircraft cabin interior equipment - design, development, manufacturing, certification and direct sales on a global basis;

* KLX (the services company) will look after distribution, logistics and technical services for the aerospace and energy services markets.

The spin-off is expected to be in the form of a tax-free distribution to B/E's shareholders. The transaction is expected to reach completion in the first quarter of 2015.

KLX will begin trading under the ticker symbol KLXI on December 17, 2014.

The "New" B/E Aerospace

Segments

"New" B/E Aerospace will encompass two segments:

1. Commercial Aircraft Segment or CAS, a leading global manufacturer of cabin interior products for commercial airliners;

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Will The B/E Aerospace Spin-Off Fly Amid Falling Oil Prices?