Asian bidders compete for RBS’ aircraft leasing business
Sumitomo Mitsui Financial Group, China Development Bank and a consortium led by Australia’s Macquarie are among the final bidders for RBS Aviation Capital, the aircraft leasing business being divested by Royal Bank of Scotland. The only other potential acquirer left in the mix is US bank Wells Fargo.
RBS hopes to select a preferred bidder early next year, Reuters reported, citing two sources familiar with the situation. It is thought that the business, which was founded in 2001 when RBS acquired...
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