GE nears deal to combine aircraft-leasing unit with AerCap: WSJ - Netscape Money & Business netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
$8.0bn
“The portfolio value is our indicative market value and is significantly lower than the reported deal value since it considers only the half-life value of the asset in today’s market which of course is significantly depressed at present.
“The attached leases will significantly enhance the value of the GECAS portfolio, albeit the $30 billion being reported is still much lower than the $40 billion Bloomberg reported last year when Apollo Global Management was exploring buying GECAS for up to $40 billion.
“By merging (or AerCap acquiring GECAS), it will create a mega-lessor with a global portfolio which is 16% of the entire passenger jet leasing portfolio (or 15% by value). AerCap presently has 159 airline customers, GECAS 176,” says Morris, adding: “Only 69 are common so the combined entity would have 266 airline customers.”
(Reuters) - General Electric è vicina a un accordo da oltre 30 miliardi di dollari per unire la propria unità di locazione di aeromobili con l'irlandese AerCap Holdings. Lo ha riportato ieri il Wall Street Journal, citando fonti a conoscenza della situazione.
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The Straits Times
The deal is expected to have a value of more than $40.4 billion.PHOTO: REUTERS
PublishedMar 8, 2021, 3:35 pm SGT
https://str.sg/Jjib
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including the ST News Tablet worth $398.
Let s go!