Air Lease To Be Acquired By Sumitomo, Apollo, Brookfield For $7.4 Bln; Shares Rise In Pre-Market

Strong Bullish 100.0

(RTTNews) - Air Lease Corp. (AL) on Tuesday announced that it has agreed to be acquired by a newly formed Dublin-based holding company owned by Sumitomo Corp. (SSUMY, 8053.T), SMBC Aviation Capital, and investment vehicles affiliated with Apollo-managed funds and Brookfield.
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