Lesha Bank intends to acquire the entire issued share capital of aircraft leasing firm Amedeo Air Four Plus (AA4+), incorporated in Guernsey.
The proposed acquisition values AA4+ shares at 73 pence each, representing an estimated equity value of around £190 million. The transaction is structured to proceed via a court-approved Guernsey scheme of arrangement.
The acquisition will require approval from AA4+ shareholders and UAE competition authorities. The deal is expected to close in the third quarter of 2026.
The acquisition will support the bank's continued expansion in the aircraft leasing sector.
The bank was advised by Rothschild & Co and Clifford Chance.