TOKYO -- Sumitomo, in partnership with other companies, plans to acquire U.S. aircraft leasing giant Air Lease for about 300 billion yen ($2 billion), the largest deal in Sumitomo's history.
Business deals
Sumitomo looks to mend reputation with $2bn purchase of Air Lease
Trading house to focus on deals with industry-leading potential after past missteps
Sumitomo's plan to buy U.S.-based Air Lease has been praised by analysts, but the market reaction was muted. (Photo by Yuki Nakao)
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