21-Sep-2009 1:25 PM
AerCap to buy Genesis Lease, BBA Aviation gets new President – Suppliers Share Wrap
Analysis
AerCap and Genesis Lease confirmed the rumours of an impending M&A agreement between them on Friday, announcing AerCap will acquire Genesis Lease in an all share-for-share transaction. The deal is still subject to shareholder and regulatory approval, but is likely to be completed sometime during 4Q2009.
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