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AerCap wins unconditional EU okay for $30 billion GE deal

07/27/2021 | 04:12am EDT
FILE PHOTO: The logo of U.S. conglomerate General Electric is pictured at the site of the company's energy branch in Belfort

BRUSSELS (Reuters) - 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.

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.

(Reporting by Foo Yun Chee)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
AERCAP HOLDINGS N.V. 0.46% 58.71 Delayed Quote.28.21%
AIRBUS SE 1.59% 117.24 Real-time Quote.30.59%
THE BOEING COMPANY 1.25% 224.16 Delayed Quote.3.42%
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