Air Lease's Class A common stockholders have approved the previously announced agreement for the company to be acquired by a new holding company, Sumisho Air Lease Corporation DAC, which will be based in Dublin, Ireland. The new entity will be jointly owned by Sumitomo Corporation, SMBC Aviation Capital Limited, and investment vehicles affiliated with Apollo managed funds and Brookfield. Upon completion of the transaction, Air Lease will be renamed Sumisho Air Lease Corporation, and Class A common stockholders will receive $65.00 in cash for each share held immediately prior to the merger’s effective time. The transaction is expected to close in the first half of 2026, subject to the satisfaction of customary closing conditions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Air Lease Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20251218761316) on December 18, 2025, and is solely responsible for the information contained therein.
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