Editorial Comment

SMFL to acquire joint stake in SAEL

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SMFL to acquire joint stake in SAEL

Sumitomo Mitsui Finance and Leasing (SMFL) and Sumitomo have reached an agreement through which SMFL will acquire 65% of the shares of Sumisho Aero Engine Lease (SAEL) from Sumitomo. The acquisition still needs to be approved by the relevant authorities. Once approved and the deal is finalised, SMFL...

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