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AerCap wins unconditional EU okay for $30 bln GE deal

Europe Materials 27 July 2021 17:11 (UTC +04:00)
AerCap wins unconditional EU okay for $30 bln GE deal

EU antitrust regulators on Tuesday approved without conditions Irish aircraft leasing company AerCap's $30 billion bid for General Electric's aircraft leasing business, according to a filing on the European Commission website, Trend reports with reference to Reuters.

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 and Boeing.

The European Commission said it did not see any competition issues, confirming a Reuters story last week.

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