Deals of the day-Mergers and acquisitions

Pacific West Bank

26/02/2026 10:37

Feb 26 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Thursday:

** Dubai Aerospace Enterprise said it will buy aircraft leasing firm Macquarie AirFinance for an enterprise value of about $7 billion, creating a combined fleet of 1,029 planes and one of the world's biggest lessors.

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** U.S. regional bank FS Bancorp FSBW.O will buy peer Pacific West Bancorp PWBK.PK in a deal valued at $36.4 million, the banks said in a joint statement on Wednesday.

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** French utility Engie  will buy electricity distributor UK Power Networks for 10.5 billion pounds ($14.2 billion) in a bid to expand its power business, the company said on Wednesday, as it reported flat full-year earnings and revised its outlook upward for the coming years.

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 (Compiled by Rajarshi Roy and Apratim Sarkar in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com))