AerCap wins unconditional EU okay for $30 bln GE deal

  • 7/27/2021
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BRUSSELS, July 27 (Reuters) - EU antitrust regulators on Tuesday approved without conditions Irish aircraft leasing company AerCap"s (AER.N) $30 billion bid for General Electric"s (GE.N) aircraft leasing business, according to a filing on the European Commission website. The deal between the world"s two largest aircraft leasing companies would create a new financing giant and the largest buyer of jetliners built by planemakers Airbus (AIR.PA) and Boeing (BA.N). The European Commission said it did not see any competition issues, confirming a Reuters story last week.

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