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Air Lease Corp., a major player in aircraft financing, is being acquired for $7.4 billion by a group including Sumitomo Corp., SMBC Aviation Capital, Apollo Global Management, and Brookfield Asset Management. Investors will receive $65 per share, an 8% premium. This deal highlights the ongoing consolidation within the aviation finance sector, which is becoming increasingly vital for aircraft purchases.

Prepared by Christopher Adams and reviewed by editorial team.