Tokyo Century to buy rest of Aviation Capital for about $3 bln

Tokyo Century

09/09/2019 08:08

TOKYO, Sept 9 (Reuters) - Tokyo Century Corp  8439.T  said
on Monday it would will turn U.S. aircraft leasing firm Aviation
Capital Group  PACLIT.UL  into a wholly owned subsidiary by
buying the 75.5% stake it does not already own for about $3
billion from Pacific Life Insurance Co.

 (Reporting by Chang-Ran Kim, editing by Louise Heavens)
 ((ran.kim@thomsonreuters.com; +81-3-6441-1804;))