Air Lease wins final regulatory approval for Sumisho Air Lease merger

Reuters03-31

Air Lease wins final regulatory approval for Sumisho Air Lease merger

Air Lease received final regulatory clearance required to close its merger with a unit of Sumisho Air Lease, whose shares will be held by Sumitomo, SMBC Aviation Capital, Apollo-managed funds, and Brookfield-affiliated vehicles.
Closing is expected on or about April 8, 2026, subject to remaining conditions.
Class A shareholders are set to receive USD 65 per share in cash at closing.
Preferred shares outstanding immediately before the effective time will remain outstanding in the surviving company.
Air Lease will be renamed Sumisho Air Lease upon completion.

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: 202603301605BIZWIRE_USPR_____20260330_BW317762) on March 30, 2026, and is solely responsible for the information contained therein.

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