Air Lease to Be Acquired for $7.4 Billion in Major Aviation Deal
Air Lease Corporation has entered into a definitive agreement to be acquired by a consortium led by Sumitomo, which includes investors Apollo and Brookfield, in a significant $7.4 billion transaction. The deal is expected to reshape the airplane leasing landscape, drawing attention from shareholders and analysts alike. The acquisition, priced at $65.00 per share in cash, has prompted a shareholder investigation regarding the fairness of the price. This acquisition marks a transformational moment in the aviation industry, as key players in aircraft financing come together in this unprecedented deal.
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