investing.com/news/stock-market-news/aircraft-lessor-smbc-aviation-nears-7-billion-deal-for-rival-goshawk-sources-say-2824752
SMBC Aviation Capital is one of the world's biggest aircraft lessors. It is nearing a deal to acquire smaller rival Goshawk for about $7 billion, including debt. The deal between the two privately held, Dublin, Ireland-based lessors could be announced as soon as next week.

The world's two largest aircraft leasing companies, AerCap and GECAS, merged in a deal worth more than $30 billion last year. AerCap has a fleet of more than 750 aircraft, mostly Boeing (BA) and Airbus short-haul models, according to its website. GECas has a 50-50 joint venture with Hong Kong-based NWS Holdings Limited.

AirFinance Journal first reported the talks between the two companies in November. A flurry of deals has reshaped a global air finance industry that has attracted a huge swathe of capital in recent years. The aviation investment arm of private equity firm Carlyle Group (NASDAQ: CG) Inc agreed last year to buy aircraft leasing company Fly Leasing for $2.36 billion.

Ford Motor Co sold 7 million shares of electric carmaker Rivian Automotive Inc for about $188.2 million, or $26.88 apiece. In December, Carlyle's aviation arm also agreed to buy Irish leasing firm AMCK Aviation's portfolio of aircraft. Elon Musk tweeted on Friday that his $44-billion cash deal for Twitter Inc was "temporarily on hold" while he waits...
Posted by DI dickenskale
Tap to copy the Short Url to this post:
bto.sh/bakv5jyx 
All Business News on a Single Page. Join for Free →