Air Lease Agrees To $7.4 Billion Takeover By Sumitomo-Backed Consortium, Stock Soars
Air Lease Corp. (NYSE:AL) shares climbed after the aircraft lessor said it will be acquired by a newly formed Dublin-based holding company backed by Sumitomo Corp. (OTC:SSUMY), SMBC Aviation Capital Ltd., and investment funds tied to Apollo Global Management (NYSE:APO) and Brookfield (NYSE:BN).
Benzinga ·