Lates News

The stock price of Air Lease Corporation (Air LeaseAL) has risen by 6.4%. The company has agreed to be acquired by a Dublin-based holding company supported by Sumitomo Corporation and other investors for $65.00 per share in cash. The deal values the aircraft leasing company at approximately $7.4 billion, a premium of 7% from its all-time high stock price. The transaction is expected to be completed in the first half of 2026, with the specific timing dependent on regulatory approval.