Investments · Aircraft leasing
Tokyo Century buys 20% of aircraft lessor Aviation Capital Group
- Investor
- Tokyo Century (Tokyo)
- In
- Aviation Capital Group, Newport Beach, California
- Value
- About $595M (Nikkei)
- Status
- Completed on December 11, 2017.
- Date
- 2017-09-28
Tokyo Century bought a 20% stake in Aviation Capital Group, an aircraft lessor in Newport Beach, California, from Pacific Life. The companies did not disclose the price; Nikkei reported it at about $595 million.
Why it matters
The stake was Tokyo Century's first step into ACG, which it later took full control of in 2019.
Sources
Kakehashi M&A News home
