Aircastle Limited Completes Merger with Affiliates of Marubeni and Mizuho Leasing
AIRCASTLE (AYR)
Last aircastle earnings: 2/13 07:30 am
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US:NYSE Investor Relations:
investors.aircastle.com/investor-relations
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Source: PR Newswire
STAMFORD, Conn., March 27, 2020 /PRNewswire/ -- Aircastle Limited (NYSE: AYR) ("Aircastle") today announced that it has completed the previously announced merger with an entity controlled by affiliates of Marubeni Corporation ("Marubeni") and Mizuho Leasing Company, Limited ("Mizuho Leasing"). The closing of the transaction follows the receipt of regulatory approval from all government authorities required by the merger agreement and approval by Aircastle's shareholders.Upon consummation of the merger, pursuant to the terms of the merger agreement, Aircastle became an affiliate company of MM Air Limited, an entity controlled by affiliates of Marubeni and Mizuho Leasing, and Marubeni Aviation Holding Coöperatief U.A. Under the terms of the merger agreement, Aircastle's shareholders are entitled to receive $32.00 in cash for each common share of Aircastle (other than shares already owned by Marubeni and its affiliates)."We are pleased to announce the completion of this transaction, whic
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